Post
Topic
Board Altcoin Discussion
Re: newbie invest
by
albon
on 19/05/2022, 22:52:35 UTC
I hope you are not talking about "LUNA".
Indeed, currently the crypto market is bearish and maybe most investors are losing their money but that doesn't mean we have to stop investing. precisely in a bearish situation like now is the best time to invest because you can get the crypto you want at a much cheaper price. I saw recently the price of bitcoin and and most of the altcoins went up quite dramatically and maybe this price increase is a sign that the market will recover soon.
Luna investment for a newbie investor is not the right recommendation because it is a risky coin and now it has become like a meme coin, new projects, in my opinion, are the most profitable in the case of the pump, but the most bleeding in the dump, so the OP should do his research and then make the right decision. I advise him to hold BNB and Ethereum two of the best coins in the market, a year and a half ago their prices were $27 for BNB and $737 for Ethereum.