Post
Topic
Board Economics
Re: Beginner questions
by
Ryu_Ar1
on 02/03/2024, 21:23:30 UTC
If you sell it when the price goes down you will obviously lose your money. When the price goes down, the best thing you can do is hold it until the price goes up again. That way you will not experience losses. You need to know that the crypto market is very volatile. Therefore, carry out an in-depth analysis before investing.
It is always better, before deciding to invest, that we must first carry out in-depth research so that we can make a decision on the investment we will make, because if we cannot understand well the type of investment being made, of course they will not be able to benefit from it. the investment they make, so it is very important for every person who wants to invest to seek all knowledge about investment to be able to generate profits from the investment they will make.
I agree with what you're saying because after all, this is a basic and important thing to do.
Many people do not want to be complicated by taking shortcuts where they will just be in bitcoin and buy it without learning first. Believe it or not even though this is a silly thing but many beginners who follow fomo still do things like that and I personally have also felt the same way where when some of my family suggested bitcoin I immediately bought it but did not learn more first.

This is clearly a mistake and carelessness because by skipping basic learning we are like buying goods in a mystery box without knowing whether it will be a jackpot or turn into a zonk.