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?
Please be careful with the coins that you are selecting to invest in this year. Not every coin that people tells you that you should rush into, you should also try to do your own research, and seek for more opinion on that coin that you want to invest.
Although majority of the coins that are in the top 50 are really going to be pretty good this year. And right now I think that the market is kind of at its lowest, because most of them has really dropped very well, and they are now showing signs of increase. It’s just like ETH, I noticed that after the price dipped to a very low as of recent, it’s now started to increase again, and today it was on the green. I can’t really tell you how high the price of these cryptocurrencies will go this year, but investing and holding long term might be worth it.