Post
Topic
Board Speculation (Altcoins)
Re: Is now a GOOD or BAD time to invest?
by
Lexurdania
on 29/07/2021, 15:36:49 UTC
It's always a good time to invest if we're planning it to hold for a long time. If we're aiming for a quick profit, the price right now is quite high, there must be some correction before the price going back to the top again. So it depends on the investment timeline that the investors decide at the start.
The price of cryptocurrencies at this time is not that high and is still half of the ATH price that all cryptocurrencies have achieved in the past few months, and if you want to make an investment, it is still very good now than having to wait for another correction which is still not sure to happen.
due dilligent if we want to invest our money in this markt , dont just look at bitcoin price which considered as reversal movement. sometime actually fake pump used to trapped beginer investor. waiting price pullback could help us to indentiy which is true positon and test validation for each reversal signal.