Quote from: SmartCharpa on Today at 07:08:02 PM

Quote from: FiveG on June 12, 2023, 02:50:09 AM

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

Price falling doesn't guarantee that it won't rise again, which is why it's called an investment. He should have been aware of the risk before investing because you can make money and lose it all when you make a short-term investment. However, if your friend made a long-term investment, I think he wouldn't lose anything because you can't lose money when investing in bitcoin if you don't do it for short periods of time. By being aware of everything before investing, mate you will benefit when the moment is right.

That is why we should study first before we start our process towards investment, buying a coin is the easiest thing to do in the world of cryptocurrency and the challenge will begin if the market starts to dip, and by that time, a question will pop on your mind that if your investment will survive or not. But if you have known right from the start and weigh the risks, these things will be prevented/avoid because you understand how it works and why does it happen.