Post
Topic
Board Economics
Re: Dont believe on sale
by
princeyeboah
on 24/06/2019, 08:56:54 UTC
Sales are everywhere. Sale on shoes, bags, shirts, gadgets and everything. Malls and shops use this technique to attract buyers, but you know what?  Do you think you've been discounted a higher price than ordinary? No. Instead of saving 20%, you spend 80% on things you dont really need. This is not economical and most of us are easily lured to it. This is what i hate about people. When there's useless trending items on sale, they buy immediately even on credit cards but if bitcoin drops, they talk negative about it. Normal mindset wants to get temporary attention. Not permanent comfort.
This calls for market analysis. Crypto investors must be led by market analysis based on accurate facts and figures before deciding on which coin or project to invest, when to buy, how long to hold and when to sell to make profits. There are good times to buy Bitcoin especially when  the price drops. There are also times to join new projects because a thorough research will reveal how some of these projects present great potentials and capabilities of turning out to become something huge in the future.