For a lot of people holding for too long is simply not possible because they need money and have to withdraw even when the currency is doing down. If you are working on a limited budget, this is bound to happen.
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Many people are scared of cryptocurrency investment simply because they believe that one can easily lose money there . The fact is that no one loses money in cryptocurrency unless he sells the dip.
Yeah , the dip may dip further but as far as it is a coin with good use case ,and you didn't sell the dip .you will recover your capital and profit once the bull seasons returns.
The only issue most times is that people buy shit coins which can easily be rugpulled and thus leading to a loss .
That is one thing about the issue most investors do not really understand about the cryptocurency market trading,they freight a lot when the market ahs started experiencing a dip,but they fail to realise the a good con will always rise.Many people are scared of cryptocurrency investment simply because they believe that one can easily lose money there . The fact is that no one loses money in cryptocurrency unless he sells the dip.
Yeah , the dip may dip further but as far as it is a coin with good use case ,and you didn't sell the dip .you will recover your capital and profit once the bull seasons returns.
The only issue most times is that people buy shit coins which can easily be rugpulled and thus leading to a loss .
Many people are scared of cryptocurrency investment simply because they believe that one can easily lose money there . The fact is that no one loses money in cryptocurrency unless he sells the dip.
Yeah , the dip may dip further but as far as it is a coin with good use case ,and you didn't sell the dip .you will recover your capital and profit once the bull seasons returns.
The only issue most times is that people buy shit coins which can easily be rugpulled and thus leading to a loss .
That's very true. It's seems like you are talking directly to me. I am scared of cryptocurrency investment. as the matter of fact I've never invest on any cryoto.Many people are scared of cryptocurrency investment simply because they believe that one can easily lose money there . The fact is that no one loses money in cryptocurrency unless he sells the dip.
Yeah , the dip may dip further but as far as it is a coin with good use case ,and you didn't sell the dip .you will recover your capital and profit once the bull seasons returns.
The only issue most times is that people buy shit coins which can easily be rugpulled and thus leading to a loss .