Post
Topic
Board Economics
Re: its not about how much you invested, its when you should invest?
by
Gabb
on 30/08/2018, 21:44:44 UTC
kinda strange when investing in a volitile  market. you can spend 10,000 $ into the market in january and come out less. than what a person invested in april with 10,000 $.

Actually no one has a magic ball to accurately guess about the right time when the price of a cryptocurrency offers the lowest point and everyone should buy.

In fact, I've noticed that many aspiring traders have consistently made the mistake of assuming that the technical analysis tools that have been used for decades in other markets can be efficient in predicting the behavior of bitcoin, which led to many to suppose that the "psychological level" of $10,000 would be of great importance, and that is why many bought at that point without knowing that the price would still fall much more.