Quote from: niall51 on Today at 06:00:35 PM

Quote from: FireDAOJackie_Z on May 27, 2023, 02:50:46 AM

Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.

When the market is bearish, that's the right time for us to go in and buy coins because we get a discount. Suddenly, when the market is bearish, because altcoin prices are really falling, we buy them very cheaply and during the bull run we get significant profits. Panic when the market is bearish to buy. Don't panic when the bull run market starts buying

Correct, when the market is in an uptrend, don't buy in that situation; buy only when the market is in a downtrend. But of course, the only people who do this are those who understand crypto trading; that's how simple it is to understand.

Especially what is happening now with altcoins in the market is that most of their price values are in the green, and that is a symbol that we are really in a bullish trend now, and it is difficult to keep up if you are not deep in trading understanding.