Post
Topic
Board Speculation (Altcoins)
Re: Is now a GOOD or BAD time to invest?
by
Wawa2013
on 08/10/2021, 14:41:36 UTC
Bad.
If you're asking what to do right now then that's a bad time to invest for you. You don't know what you're about to do and that's why you have to stop and observe the market before you invest.
It's better to be aware and knowledgeable in what you invest than to invest and adjust later.
I'm happy with your answer, because people who don't understand the crypto world don't know when is the best time to invest. It's really bad if
people don't have a good knowledge of the crypto world, but are forced to invest. This will only make the person suffer losses, preferably before
deciding to invest in crypto must learn about crypto first. So they can understand how the crypto world works, so they can decide when is the best
time to enter the market. Moreover, investing in crypto is very risky, so we must have knowledge in advance, and must remember not to invest our
money on something we don't understand.
To avoid being problematic and stressful after investing, it's the best to do and that's to observe. People who invests that are not yet prepared and don't have any game plans as they invest are the ones that suffers later. It's about how they have to take the market seriously and the volatility for each coin they buy is not a joke. But if they have planned it all along and they seem to be prepare based on their own thought, then it's time for them to take the risk.

It must be remembered that investing in crypto has a very high risk, therefore careful planning is needed. In order to avoid stress when
the market moves not according to our predictions, with the planning allows us to know what steps to take if a problem occurs. We have to
prepare the worst case scenario to minimize the loss if it is unavoidable, because investing in crypto will inevitably suffer losses. Nobody invests
in crypto without losing, that's why it's important to have a plan when investing in crypto.