Post
Topic
Board Altcoin Discussion
Re: advantages in the cryptocurrency industry
by
Wawa2013
on 01/11/2021, 00:47:45 UTC
There is a process before you can do that, however, you can start by buying bitcoin with around the smallest amount that you can test to see how it feels like owning it but you won't feel the fluctuations since it's just a small amount.
I second this, and to be honest, people need to come to the understanding that you can actually start small in the network, having the mindset that you must outrightly buy one Bitcoin before you can be said to be a Bitcoin investor is a misconception that really needs to be corrected. Mind you that you should only invest what you can afford to lose, so the best thing to do is to find a strategy of buying at intervals, and before you know it, you would actually own a stash that you'll be surprised how you accumulated all that. As far as price corrections are concerned, newcomers to the network must understand that it is a part of the network that is constant, you must learn to ignore it most times and make sure it doesn't send you panicking/selling.


Cryptocurrency gives everyone the opportunity to make money, but there are still many people who do not understand how to invest
in crypto correctly. Most people are too in a hurry to want big profits in a short time, which ends up losing all their capital. In fact, if we learn
correctly about crypto, the best way is to start investing with small capital, then slowly we collect coins that we consider potential.
Do this consistently, then we will be surprised by the profit we generate. Then try to be more patient when investing in crypto, we must know
the crypto market moves very volatile. So when the price is correcting that's the right time to buy, but if we don't have extra money to buy coins,
just hold the coins we have. Wait patiently until our selling target is reached, as long as we choose the right coins, everything will go well.
So another important thing when investing, make sure we buy coins based on the results of our own research and analysis, so we can invest
in the right coins.