Post
Topic
Board Economics
Re: Where you see a Crash, I see a Fire Sale!
by
Satry
on 23/03/2018, 16:50:08 UTC
This is the right time to invest, but only if you are prepared to hodl for 2-3 years. Expect 5-10x returns.
Your not incorrect but at the same time very few people are prepared in order to hold for such a long time, just to give you an example I have not held for that long of a time, I have held for sometime and I'm comfortable with the amount of time that I have had my bitcoin in fact I got better returns than those thanks to the previous year but still it is not an easy task especially right now with such a difficult market.
Agreed with the difficult market. FUD are all over the news today which I think there's will be still a drop untill the end of the 2nd quarter this year. This will continue to drop because there are a lot of new investors are investing without even knowledge about block chain technology. They are just following the trend of investment which I think that could affect the market.