Why do you think you should take out your money and then invest it into Ethereum? In my opinion it may be best to invest in both of those at the same time. It is best to try and diversify your crypto investment portfolio ass far as is possible so that when you invest in many coins you have a much better chance of success. Therefore I think instead of taking it out and going into Ethereum just put the profits into Ethereum rather.
Okay, I would go with your decision. I will definitely take some time off and study how it works, if possible pay for a course and training on it. I really lost a lot yesterday, and until this very moment I'm yet to recover from my loss as it was almost all my savings.
It's alright my friend. The only thing here now is that you have experienced this outcome and the knowledge will never depart from you. It will even help you to advice other new young investors in cryptocurrency so that they don't make the same mistakes in the future.
Yes, your financial manager is right. This is the nature of all the crypto currencies and we don't always have to panic. Just see yesterday bitcoin was 30k dollars, today it's around 36k dollars again and I hope you see the gap. Now, just imagine you have sold your bitcoin just yesterday, and see the price change like this today, how would you have felt for taking that decision?
This is the best advice so far, anyone who store cryptocurrency for a long term investment should listen to this advise,i almost sell mine off but it has started increasing in value.thank God i didn't sell
You would have been regretting your mistakes till the end of 2021 had to sold any of your cryptocurrencies. Yes, it's tempting to sell when such things happen in order to cut your losses but it's a very bad decision.
To Be very serious I really appreciate your advice you're giving me because that is exactly what almost happened to me yesterday, just at the right point of selling I went to go and check the chart, behold the price of bitcoins was coming up and that really make me to cancel my selling, I could have regretted it a lot.
Sometimes waiting is blessing in disguise but some people don't know it. They feel rushed to do something without knowing that hasty decisions are always regretted in almost 90% of all encounters.
Yea that is really the truth,I am really force to think that you are either a forex or crypto trader, have you been trading forex or bitcoin or other form of cryptocurrency ?I just want to know because the advice you're giving is just like that of an expert.
Nope I'm certain it's just a minor slump/retracement, it's something that happens all the time, according to fundermental analysis there is nothing to be worried about, infact for traders this is the perfect time to go long on your trades
Let me believe you that it gonna climb, cos I'm kinda having sombre feelings about such slump in price. This kind of price is not what small investors like me is actually looking for, I know the price do fluctuates based on the volatile nature.