Post
Topic
Board Trading Discussion
Re: Everyone loses money when the market is down right?
by
Holucoin10
on 07/09/2018, 21:40:32 UTC

Most crypto investors are in the rush to join the bullish market as a result of FOMO while they haven’t figured out why they are investing. This is often done on impulse or based on speculations that highly predict the value of cryptocurrencies. Just like holding a portfolio of bonds or stocks one needs to have goals they seek to achieve using funds from the Return on the investments. This is why they are loosing, and others that know have an investment plan are gaining.

It is so important for any investor to have a set of objectives they plan to meet and alternative strategies they can take if they do not meet targets. The cryptocurrency market is highly volatile which makes it necessary for any investor to be disciplined by setting goals. For example, one can do fundamental analysis and evaluate which projects might take a longer time to gain profits and which projects are currently at their peak for quick profits