Quote from: TheGreatPython on Today at 05:29:19 AM

Quote from: Adbitco on May 17, 2023, 10:52:53 AM

Quote from: Marcellin9 on May 17, 2023, 07:52:20 AM

Personally I have invested in cryptocurrencies but due to the current market, there is no sign that I will profit any time soon, so I guess the result of the investment remains unknown. Although I still have steady income from my job, uncertainties will not diminish as I hope for a stable feed for my family and for savings as much as possible. What is your situation in your country ? Are you going to experience some economic turmoil as well ? Please let me know.

I don't really think you knows the purpose of your investment, how do you think and see cryptocurrency investment or do you take it to be a ponzi scheme or quick get rich scheme where you invest some certain amount and get back some folds?

As I usually say to any around me cryptocurrency investment doesn't require impatient people or investors, you must know the kind of invest you wants to venture into be it short term or long time at least they both required 5 months to 1 year patient before you could start witnessing the bull trend otherwise investing today and expecting to start seeing the bull sign is a very wrong mentality, so change your perspectives towards cryptocurrency investment and exercise patient.

Well, he didn't say anything bad about Bitcoin or cryptocurrency investments, he simply said that he invested in cryptocurrencies and due to the current market situation, he isn't yet in profit so it's still unknown when and how much profit he might make from it, there is nothing wrong with that statement, it is a general sentiment about the market.

Cryptocurrency investments certainly require patience since you cannot just invest and start getting a profit, but it is also okay to have your thoughts and opinions about the market as we all know it moves in both directions from time to time.

Normally we don't just invest nd start seeing profits, that's why as an investor you must have it in mind that it's seasonal whereby if buying at dip we must hold till whenever the bear elapsed then we may think of seeing bull, that is when to merry whatever they have added to cryptocurrency investment to at least have some profits. However, after bear sometimes we don't see some coin active anymore doing well as it was maybe if the team feels like to revive the project then before there would be a positive move on the project this solely depends if the team members are genuine.