Post
Topic
Board Altcoin Discussion
Re: time to add your bag
by
bitcon
on 24/09/2021, 20:08:06 UTC
today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.

Actually buying now is rather like catching a falling knife which is not a very wise strategy.
The fall is caused by general overheating of the market and by the fear of many investors regarding the bad economical situation now throughout the world.  SP&500 futures decreased by 1% to $4,376,the Chinese real estate development giant Evergrande may default on the bonds in the coming days. There is uncertainty regarding stimulus measures (QE) and changes in the US debt limit. That is why investors sell off risky assets.