Hello! I'm a newbie trader, and I want to know if investing in crypto is a good idea. Now it became very easy, for example, you can buy crypto with a bot or your credit card using such services as changelly or shapeshift. However, does easy means good? Should I buy crypto now or it's too late?
If you buy bitcoin last 2018 or from the date that you posted this topic on the furom maybe you will now having a huge profit. For now even if bitcoin is dropping still the price is too risky to invest because the price is still high to invest in. I believe that it is not late to invest in bitcoin because I believe that in the next few months it will surely rise and you can still earn on it. But it depends on how you act with the situation, think twice risk is there but if you dont take risk you cannot earn.
You can always make money, in any market. The only question is how a person will take advantage of the situation.
For a start, I would not recommend buying any cryptocurrency at all. It would be enough to place a certain amount of money to the exchange, and keep everything in stablecoins. And when there will be a suitable entry point, you can take some kind of decision. Because now entering the market is a game of roulette)