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Re: Help a Beginner to understand...
by
Blue Bell
on 25/05/2018, 04:54:38 UTC

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
Is funny if you put money but you do not understand the risks, the most important thing for financial management is certainly a risk problem, and if you do not understand the risk factors then you like gambling.
It is not good to put your, money in something new that you are not aware of, so it is more than good if you buy bitcoin at this time then it is very important for you to know each and everything about it blind investment is not good for now, so buy now as bitcoin is at very good and affording price, the other thing new users should know is, bitcoin has fluctuating nature and it will remain the same for long keep on changing, so don’t sell when you see price is down as it call panic selling, so never panic and keep on investing.