Post
Topic
Board Altcoin Discussion
Re: Buying low selling high ain't always successful
by
tbterryboy
on 26/03/2020, 16:56:57 UTC
Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
That’s just how it is, and there’s really nothing you can do about it. That’s why it’s best to always use an amount that you’re comfortable with when you’re investing in cryptocurrency, the price fluctuates a lot. The importance investing an amount that you can afford is so that if the price should fall you will not be bothered and you will continue to hold for as long as it takes for the price to recover.

There are people who don’t understand Bitcoin and they are mainly newbies, who think that Bitcoin is just a means to double their money, so they invest all their money and regret later. Don’t be like such people, understand the risk and do what you’re supposed to do. You’re not even a newbie.