Recently a lot of top named coins like Ethereum & Bitcoin have plummeted. These coins have fallen LIKE ROCKS from their ATH's. However, this presents a buying opportunity. If you truly believe in crypto, then this could be an excellent time to back the truck up and load up your bags. Right now I'm accumulating as much Bitcoin & NTS as possible. I think both of these coins have future potential. Right now, I try to look at the potential these coins could have in the future. NTS is an exchange coin that I believe has the ability to do well in the long term. I think Bitcoin will transition into a store of value and continue to rise in price. What do you guys think of the market right now and do you believe there is a future?
Nauticus Exchange (Where to buy both NTS and BTC) - https://nauticus.exchange/exchange/
Disclaimer - This is not financial advice, just my opinion on what I plan on doing in this market.
Nauticus Exchange (Where to buy both NTS and BTC) - https://nauticus.exchange/exchange/
Disclaimer - This is not financial advice, just my opinion on what I plan on doing in this market.
The general idea should be that we accumulate when the market is suppressed and that we sell when the market is high.
The issue is, this naturally goes against our natural instincts.
Now is a good time to buy into projects you believe in or better yet, start a project worth believing in.
I agree with the fact that our natural instincts disturb us in making investment decisions, especially in buying when the price falls.
However, in my opinion the bigger problem is that we do not know if it is a low price. My point is that the price may still drop and we may find out that buying it now is not a good investment decision.
People need to realize that Bitcoin is the defacto quality cryptocurrency always while the remaining are always riskier to invest into which is why it is always better to focus on Bitcoin and forget the rest if you are focusing on quality.