Hi all,
Fairly new to crypto so I am by no means an expert but I want to use this current market to increase my portfolio while prices are low.
This time last week I was reading articles and watching youtube videos saying how certain coins were a great price and could 5x 10x or even 20x this year, so surely now is a good time buy?
I am investing in crypto to hold long term so I am not panicking at all about the money I have invested so far and will not sell anything. I just want to buy when prices are low and hold when then start rising again.
I am just wondering what everyone else is doing at the moment? Are you buying now or do you feel the market is only going to keep falling over the next few weeks/months and we should wait a while longer?
Do not trust what you see in YouTube videos, most of the time the ones that give you advice about which coins will make great profits during the year have holdings of those coins and want you to invest in them so when the time comes they can exit their positions with big profits, basically those are not real predictions but instead ads to promote themselves and a few selected projects in which they are invested, so while I understand your desire to take advantage of the situation this is not the way to do it.