Post
Topic
Board Speculation (Altcoins)
Re: Should leave the market?
by
mbluxs
on 09/05/2019, 17:12:41 UTC
A little discussion about the market. Do you have belief in this market? In my country, people are frightening when the capitalization is reducing dramatically, many of whom have drawn out from the market. And some experts suggest that people should only invest in 20 coins which have the highest capitalization, and stay away from the low-capital ones. What is your opinion about this?
No, you should not leave the cryptocurrency market. This market is still too young and continues to grow very quickly. Good and promising projects still continue to appear on the market, the tokens of which can grow in price much higher than the coins indicated in the top twenty of the CoinMarketCap table.
The situation will change many times for the better, and will also be complicated from time to time.
I think that only one thing is clear if all of this and the current situation, that so far we do not need stability in the cryptocurrency market.  The good news is that since the beginning of 2019, cryptocurrency prices have at least improved a little.
surely a trader on the market really needs stability, because stability itself becomes a benchmark for the price of a coin. our goal to trade in the market is to look for a profit instead of a continuous loss. but this is our world, all prices will not be stable and we must follow market prices. stability is usually only temporary and cannot last forever.