Quote from: ipanks on October 11, 2018, 05:54:15 AM

Quote from: omonuyak on October 08, 2018, 08:01:19 PM

Like me, many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss. As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.

I am not professional traders, and I only trade if I see I have a chance to make a profit from trade and I will choose one or more coin to trade. And yes, many of us getting lost in this year, but I don't think that this will stop them to invest in the other coin because cryptocurrency still has a big chance to rise again in the future. So, if I cannot see my chance, then I only hold it for a while until the price can increase back so I can try to make a profit more and more.

You do not even have to be a professional trader to be able to know that when it comes to investment and the essence of long term, you always have to take advantage of every opportunity that comes and every point in the market is always an opportunity as long as you can what many others cannot see and you are able to act on it.

The chance is here right now to buy lower, and for those who think all hope is lost for buying at the peak, I guess that is something they will end up revising in the long run and at least, since you know it is a mistake buying the peak, then you should know it is never a mistake doing the opposite by buying the bottom as that would compensate for the long term wait at the end when the market recovers.