Hi all. When the hype was at its peak about a year ago, clearly this attracted a lot of people. I waited and watched. Would love to hear views on if this is a good time to start looking at BTC and alts.
Also, have seen a few accounts that offer services (VIP signals etc). Presumably some of these are better than others.... if so, what have been your experiences? Thanks.
BTC and alts are a good investment specially when the market is better or when the market start to climb, price is very important to consider on buying, because the profit depends on the price, if we buy on high we can only earn small amount of profit in a short term holding we need to hold for a long time and wait for the another ATH before we can sell, but if we buy at low price then we can earn profit in short time depending on our limitations, so buying in dip is a great strategy to earn.
If you use altcoins as an investment, you need to be careful because it is not easy to find the right altcoin for investment. Even though you currently see the altcoin's position as being in the upper position, that does not guarantee that the altcoin will remain in that position. Everything can change so you should use Bitcoin as a long-term investment and altcoins as a short- and medium-term investment.
When buying Bitcoin or altcoins, we have to wait until a correction comes in the market. However, we have to analyze the coins we want to buy so that we can buy them at a low price. Don't be tempted to follow advice from other people or trading groups because we don't know anything.