I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.
Just a kind advice, the risk is mine.
I'll give you the kindest advice, be prepared to have some unrealized loss in the beginning. Go for averaging out, suppose you have 10k to invest. Just go with $2500 on your first buy. Then wait for market to go down if it does buy another $2500. Remember the point is to buy in the bearish times and not in the bullish times. Suppose you were wrong and market did not go anywhere near that point ladder your buy if you see a complete reversal of trend. These are the small tricks that can help you earn and stay in the market because no one has a holy grail as to when will market reverse. Also best is to be in bitcoin as in all the situations it is impacted the least.