LoL, this is one of the reasons why it is important to have your own strategy if you are venturing into cryptocurrency trading. Most of the time you actually need to make your own analysis and believe your instincts. Listening to random opinions will actually get you tired and confused.
Yes that is another important thing , but I am not a trader , I am just an investor who is interested to invest for long-term purposes. I have come to understand that even as an investor in the crypto space the journey won't be as smooth as you may think.
cryptocurrency investment and trading is not an easy journey as some people think. You must have proper knowledge of how cryptocurrency works if you really want to maximize profit.
Even me , I have lost so much in the crypto space just because I was being motivated to trade when I didn't understand how trading works professional. I cannot trade the crypto market anymore for whatever reason when I don't understand how it works.
I think this is the right time for you to learn how cryptocurrency works now that the market is going downwards. You can take some months to learn technical and fundamental analysis very well because they will help you to make profit when the next bull run returns. You don't trade because people are motivating you but because you understand to some extent how the market will go by yourself.
This is what I wanted to do , but I made a mistake of saving my capital in cryptocurrency and now all the money is just down. Now I cannot learn anything because the money I needed to pay an expert is completely useless now
There are a lot of free videos that can help you learn a lot of things on YouTube. You just have to take your time and be very careful with the kind of videos you watch and with time you will probably be successful. I think this is even the best time because if you are able to learn a lot of things now, you will make a very big money during the next bull run.
Yea that's true. The point is that I was so sceptical about learning most of those things from YouTube because I haven't been able to get any genuine information of this manner on YouTube before. Omo the whole Market is completely down and this would be the best opportunity.
This may actually not be the best time because the market may likely to go down. some people are even projecting bitcoin to go down to 10000 dollars. I think you should follow cryptocurrency discussion forums because some of them are good analysts.
It is equally important that anybody who is willing to invest should always do their own research first of all before following expert opinions because they are just after their own pockets.
Hmm, it will be completely unbelievable to see the price of Bitcoin is coming down to 10000 dollars. No matter What May happen we can't see bitcoins at that price.
Lol, a lot of people have said that before but there are times when Bitcoin extremely crashes. There was a time bitcoin crashed from $20,000 to $3000 and I think such a scenario can probably happen again. Even though, bitcoin is that $31,000 currently, there are a lot of bad news that can bring it lower. This is why it is very important to be careful when investing.
Personally I have heard of something like that but what could possibly be the reason behind this present one ? I think when bitcoin crashes from $20000 to $3000 there was an event that leads to the crashing.
It could if everyone keeps buying. I don't know if I'm short sighted but I don't see this possibility. I don't think anyone would want to invest when it gets that high. The plan is to invest now
