Post
Topic
Board Altcoin Discussion
Re: Its time to buy - end of bear market incoming
by
BuNga_cute
on 12/05/2022, 07:42:17 UTC
After first bullish day i think its good day to invest now.

Well seems like you were a bit to early with your investments if you have really bought yesterday, but of course that is easy to say now. I also have no idea, if we are now close to the bottom or if we will still go way lower than where we are now. I mean it is definitely possible, that Bitcoin goes to 20000 $ and Ethereum to 1500 $ each. Smaller altcoins would go down even harter then. I have some USDN laying around but sadly it's price is also way off it's peg price of 1 Dollar at the moment.

If we buys top coins, it's not a problem in my opinion, even though the price will continue to fall in the next few days. Because top coins are safe to buy,
the most important thing is that we can be patient and wait until the bear trend ends. Based on my experience, no matter how deep the top coins
go down, they can definitely recover and can even go higher than the previous price. The conclusion is buying top coins will be profitable as long as
we can wait for the target we set is achieved. Moreover, because we never know how long the market will go down and reach the lowest price,
then we better buy it gradually starting from the current price. The most important thing when buying coins is always use the cold money we have
and make sure we buy really potential coins. So our chances of making a profit become much bigger.