Quote from: ilovealtcoins on Today at 04:10:08 PM

Quote from: Dickiy on Today at 03:07:01 PM

Quote from: Desmong on December 04, 2022, 09:03:08 PM

Quote from: Sang Prabu on December 01, 2022, 02:16:22 PM

Don't worry to put money or investment, the presence of smartphones is easier, there are many investment choices that have received licenses from the local government, and for me the presence of cryptocurrencies is a good solution to get big profits because global trends will get better.

Yes cryptocurrency look like a good investment for us if we are looking at making some look term investment that we will not take profits for like 2 to 3 years before we can use the fund to do whatever we want to use it and do.
But if we are looking to make a few months investment so I think cryptocurrency may not be a suitable one since we will need to be more patient to make a reasonable profits from the market.

Yes, it's good to invest in Cryptocurrencies or Altcoins but you should be ready to lose your money if developers take your money away. I suggest don't invest in Altcoins there are many bad stories about them and they give a punch to the king (BITCOIN). Just imagine if Luna didn't have many investors and also FTX, maybe Bitcoin wouldn't be affected much, but yes, many trusted them thereby affecting market and investor confidence and finally dragging Bitcoin to its worst year.
I think you should reconsider if you invest in Altcoins and learn more about how safe Bitcoins are.

We can also invest in altcoin because altcoin returns are bigger than bitcoin, but we need to know the right time to invest. Altcoins are not suitable for bear markets but should only be invested in bull markets and should be short-term investments. Bitcoin is safe in this bear season, bitcoin is suitable for long term.

I don't mean to discourage you from investing in Altcoins, go ahead, but yes, you know all the consequences. Yes, that's why Altcoins are so tempting for investors to invest because they can provide multiple returns that even he himself cannot predict, but yes, on the other hand, Altcoins can kill your money fast.
Right time? very hard to find the right time. maybe the right time is when you have more money and the market starts its bullish trend.
Yes, Bitcoin and Bitcoin should be for the long term, starting to accumulate Bitcoin from now on is still not too late.