Post
Topic
Board Speculation (Altcoins)
Re: Altcoin market speculation ??
by
traderethereum
on 30/06/2020, 12:15:49 UTC
no one knows the ups and downs of the crypto market, maybe the price will continue to fall because everything depends on the demand for the crypto market, so if you see the crypto market opportunity will rise then that's the right time to invest.
I think that when you decide to invest in this market, you should have a lot of reasonable investment strategies and always believe in yourself. Until now, I still earn a good profit here but sometimes when the market suddenly collapses, I always face a lot of risks in investment. Of course, I always have a contingency plan in place to ensure profit when this happens because I manage my risk very well every time I trade.
The important thing before you invest in any coin, you should research first, and you need to manage your money to be used for buying the coin.
If you can wait for a while to buy the coin until the price goes down deep, I think it is worth it for you because you can get more of that coin, and you can hold it for some period.
But you should manage your emotion, especially if you see the price is up and down because that is what happens in the crypto world.
Besides that, you should have a target price or target time how long you hold the coin, and if the coin price can increase so high before your target time reached, it is better to sell it before the price decrease so deep because that will make you wait for an unknown time.