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?
In short, I will tell you that if you have not made the investment yet, in my opinion it is better to wait a while. The situation on the cryptocurrency market is now very unstable and we are still in a downward trend. Unfortunately, it is not known how long it will last, and it does not seem to be the end. I think the situation will be clearer in a week, maybe two weeks.