Post
Topic
Board Speculation (Altcoins)
Re: $ 8000 $ để đầu tư vào tiền điện tử?
by
grabpopcorn536
on 17/05/2021, 08:40:33 UTC
For a newbie, you should learn about bull and bear market cycles. Currently investing in the market is quite risky and it may not yield good returns or losses.
If a person invests in early 2018 then in early 2020 the value of their investment amount can decrease by up to 90%.
Right now the market is hot so don't expect much. Be careful with what you buy because you are a latecomer.

I have a pretty good idea about bull/bear markets, I do agree with you that we are in a bull market right now and it's going to be a dip soon in the the market. But I think that in the long term , 3-5 years, crypto is a bull market and it will grow even more once the crypto becomes mainstream and gets regulated by the authorities. I thought I was a late comer when Bitcoin was 250 dollars, and I didn't invested then, I'm willing to take the risk now.


But when the market is long-term bearish and sells when the market has rallied or only buy when the market starts to rise.
As a long-term investor, I recommend being aware of the risks. The idea of a market boom and the adoption of cryptocurrencies by governments is nice but unfortunate. It needs to happen instead of in your mind. It is because of such thinking that many investors have lost a lot of money in 2018 and 2019 when the downtrend occurred.