Post
Topic
Board Altcoin Discussion
Re: Do you regret when you miss selling at ATH followed by a correction
by
Fredomago
on 07/08/2022, 09:43:05 UTC
You never know what would happen in the future, at the time I'm sure you see that the price is cheap and you are expecting that it will rise over time. Now, we see a major collapse of the market again, however, you should not panic, see it as a normal thing, if you cannot buy again, just hold and trust the process, eventually, bitcoin will pump and the rest of the market will follow.

We can only take a guess of where prices will go, but we can never be so sure because of the unpredictable nature of the crypto market. Altcoins are much more volatile than Bitcoin, meaning the risks of loss are higher. I did regret not having sold some alts during their ATHs, especially when they never went back to their original prices after a long period of time. That's why I'm more into Bitcoin because it has a high probability of reaching a new ATH after every halving. No one can predict the future, so we should diversify our investment just in case. Just my opinion Smiley

In terms of possibilities, we already saw how bitcoin provides new ATH each time halving comes, if you will put a big amount of your investment it's best to pick Bitcoin though you can also use other solid project that you see and understand how the developing core are doing, each coin that follows bitcoin are also good and have decent potential to rise high,

it's a matter of how you will take time in doing your research and following the market, new and old coins do have potentials it's always relying from how an investor do his homework before choosing his investment.