Post
Topic
Board Trading Discussion
Re: Not about to give up hope.
by
Quidat
on 30/05/2023, 22:45:44 UTC
Am not about to give up hope, so should you.

I will definitely give up hope if advised to keep investing on altcoins, i believe by now all the past events and experiences we had with some of them should be lesson enough to learnt from.

•What ways have you exercised hope after setbacks or failure?

I ensure not to allow same calamity to struck me back the second time, once beaten twice shy, i set new hope with one coin and that's bitcoin.

•What lessons can we learn from your experience?

If you can't take risk then don't invest, if you're a beginner, make bitcoin your first target crypto for your investment and learn more about it.

I never recommend investing in altcoins, especially when bitcoin is not in a bullish trend, because we know that all altcoins and toekns depend directly on bitcoin and if bitcoin is doing badly, obviously altcoins are doing even worse, so these things they can occur in the market, who gives life in the crypto market is Bitcoin because it is the King currency, the one that has its own life, the rest are branches, they are small roots that will always depend on Bitcoin, I can recommend Bitcoin and wait as long as it takes, but I recommend it with responsabildaid, and that's what Many don't do, they do it with altcoins and it's not the right thing to do.

Its not actually not that right but its something to be less in priority if we do compare out with Bitcoin but if we do speak about other earning opportunities or windows then altcoin wouldnt really be that a bad idea at all because we know that diversification would really be always that best on which it to really lessen out the risks involved rather than on going all in but its actually that mattering or depending on someones risks management since not all would really be having that kind of mindset on which you would really be taking up risks or would really be just focusing on a single point.
As an investor then you should really make yourself that get prepared on dealing up with this unpredictable and volatile market which it could be heavily affected by news and sentiments that
circles around which it would really be creating such fud and anxiety or hesitance on taking up your buying or selling position.This is why you should really that tend to make out adjustments if needed.