Cryptocurrency is a no go area if you are an emergency investor . By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10
It is indeed a patience is required and needed in any type of investments, but your claim the probability of traders make a profit in a short period is really misguided. Well, I agreed in this kind of market aiming for a quick buck is really wrong, but in the bull run market cryptocurrencies within its volatility is a heaven for achieving a quicks bucks.
We should all wait for that bulls market because it's easy to trade when the price is moving fast.
For now, it's wise to buy since most coins are falling in value, and when it pump, cashing out with profit would be easy, that's the trend I notice.
Yup. We are still expecting a strong pump in the market as most of the prices have fallen dramatically in the last two months and this is the best chance to buy now as Bitcoin prices are likely to rise come back . That makes the Cryptocurrency market recover and we just need to reap the profit that we bought in this time.