Post
Topic
Board Altcoin Discussion
Re: Have I joined at the wrong time?
by
yndye
on 15/11/2018, 05:27:17 UTC

I am newbie and some of my friends who are already into crypto market say I am late. This isn't the time to start investments and I must refrain and just research for later.

Do you think the same? Is it really not the time to invest as a beginner?

Price is down nowadays that's why there is still time to invest because there is a chance that the price for the coming days would go up since it suddenly goes down. There is equilibrium and it would be a good opportunity to load up on some coins when the price is cheaper. Do not go all in though because there is still a possibility that the price would continue to go down. You can buy maybe half of your funds now and then reserve the half for later if the price goes further down. Cost averaging is better so that you can avoid losing too much when the price is not in your favor.