Post
Topic
Board Altcoin Discussion
Re: I want to invest
by
Onanana
on 31/03/2019, 16:53:52 UTC
Consider diversifying, there is nothing worse than getting frustrated with BTC, moving to ETH or altcoins and missing a BTC price spike, then moving back into BTC and missing the ETH spike. This is very easy to do given the rotation, and the natural urge to “FOMO buy.” If you have some of your funds in all the coins you trade, you’ll avoid missing out on a unicorn (a term one can use to describe an odd event, like a giant price spike in a short amount of time). If you diversify, especially when prices are low across the board, you’ll avoid some of the urge to jump into one coin mid or late into a run and out of a coin just before it goes on its run. In other words, although it isn’t the most profitable tactic, diversifying is good for one’s sanity in a number of important ways. To achieve this you need to learn technical analysis, I recommend Bitrus since its newly launched exchange coming in the market with a lot of hot features to offer and they are conducting investing tournament giving a chance for a trip to Mexico in the finals.