Start crypto trading now is less risk than previous month because all crypto already going down to 70% to 90% since January, and when the price going down to that low will be have probability to going up to the highest again. I just understanding about price action of crypto and should be i sold all coin in december and buy back right now.
Well, I would not consider it something risky if you know what you are doing. Every time is risky as long as you are trading, and the only time it gets at least a little bit easier is when the market is in an uptrend, which for now it is not, and that makes people with less experience and knowledge to get battered in any downtrend market easily.
For an investor however, it is a good time to be buying any market as long as you believe in its long term prospect and the market is down enough to get in. At least, it is still far better than joining FOMO.
The Bitcoin has increased by value today indicating that an increase in market demand has brought this increase in value and I hope that it will maintain its increase trend so we must be waiting if we have coins right now. If you do not have something then this time says that do not get late because if it manipulates into the upward direction then you may not get it later.
Trading is always risky! There are strategies for market in up and down trend. As investor I`m buying in this dips. Even
Ethereum. I bought Ethereum first time in November last year, at $400, I bought later for even higher price. Now I believe
this is bottom for Ethereum and I plan to hold it for long.
Bitcoin is holding good range for all traders. As long-term investor I think Bitcoin is also at bottom and I use this bottomed
market for buying. Selling now is like giving away money, I don`t plan to do that, and I don`t advise anyone to do that.
in my opinion, this time is a good step to buy ethereum. prices continue to decline, and we can buy them gradually, so that they have little risk and can calm our psychology to hold for a long term