Post
Topic
Board Bitcoin Discussion
Re: Small Investors are losing Bitcoin by Investing in Altcoins?
by
Kelvinid
on 13/05/2020, 11:18:34 UTC
Your topic is right when it comes to investing.I have a lot of personal experience.In this way I myself have faced many losses.Besides, the big problem is.
That is when the price of Bitcoin goes up.The price of alter coins then dropped.It is very similar to the threat of loss.
You were right mate,same as mine I used to be a small investor before but my money have been gone because I always thought that if bitcoins value rises up altcoins will follow and it is very wrong concept.That is why I have stopped doing it.
That is why I encourage everyone not always to think about bullish, tend to see also some factors that could make the market at low. if we are investing crypto, we should have to consider how the volatility affects the market. Yeah, it was to see that when Bitcoin moves high altcoins will follow but the question is, are we prepared for it? Mostly not but expert traders have seen such possibility because they always tracking the market change and they have tools to help them understand the market trend. Unlikely, of what small/new investors did.