Post
Topic
Board Altcoin Discussion
Re: How Are You Preparing For 2023?
by
Fredomago
on 15/01/2023, 12:48:49 UTC
Even though 2022 was a bad year for cryptocurrencies, this does not mean that 2023 will be better. Of course, this does not mean that something will be bad in 2023, no, it’s just that at the moment I don’t see the prerequisites for, for example, a new rise in prices for cryptocurrencies. While the world is in crisis, all markets will experience problems. However, I am interested in something else, namely that in 2023 there may be new crypto-currencies and crypto projects, and so I would very much like to be the first to receive information about them. I believe that in difficult times, you also need to pay attention to new projects and cryptocurrencies, perhaps some of them will be successful and will provide an opportunity to make good money in 2023. So I'm getting ready to look for new cryptocurrencies and crypto projects.
now it's early 2023 and everything looks fine and there is a slight recovery in crypto prices, but whatever dominates the market is going up a bit at this point.
to participate or invest in new projects in a season like this is very risky if held for the long term. because not much can survive these bearish times especially new projects. but if it's for short-term investing, it's possible that you still have a good chance of making a profit.
Currently, the crypto market is recovering and of course that is the news we are waiting for,
I hope the trend goes up even if slowly and we'll see how it develops,
The important thing is to always do your research first.

Before you decide to invest DYOR is your best tool, like the statement above you, whatever dominated the market as long as you are prepared and you know what to do, your investment still safe. What matters here is you did not allow your emotions which mostly place most investors at risk each time the market dump down.

Both financial and mental prepareness are the solid tools that you need to keep while waiting for your set targets.