Post
Topic
Board Speculation
Re: Is this a good time to invest?
by
Webetcoins
on 20/02/2021, 20:34:11 UTC
This post was created on December 02 2020 when the price is starting to Grow high , if you had started investing in any good coins then for sure you are in Great profit now?
I have try to add my portfolio before december ends and i can tell now that the profit i made upto now are really enough from the long time that i have been waiting so Yeah you should have invested that moment mate.
The market Cap now are closing to 2 trillion meaning added more than 1 trillion from last years maximum capitalization.
That is the thing about crypto, you do not know when it peaks, you look at the price and say "well it has gone up 3x high so we should not put too much money into it anymore, where could it go more than 3x already?" and then you look at it and you find out that bitcoin price reached x6 in the end. Of course it is always risky to put money into crypto, you do not know if it will go up or down, but we all know that we are going to end up with a good amount of increase eventually, but is it today or is it 5 years later? We do not know.

Sometimes you are scared that it has gone up too much, and then it goes up x2 above that, sometimes you think that it should go up even more, and then price falls, it is always unreliable and nobody knows what is going on. Of course this means that we should probably focus on things that would be a lot easier like buying and holding and not really caring if it goes up or down so that you can wait for years and years and eventually be richer.