Post
Topic
Board Nigeria (Naija)
Re: Learn and observe the market
by
Promocodeudo
on 26/06/2024, 12:40:49 UTC
Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .


OP, the major reason for individual investment in Bitcoin is profit, learning the market concept is good because it prepare your mind to adapt to any occurrence in Bitcoin investment, knowledge they say is power that's why it is advisable for every to have the basic knowledge to learn in the system, that's market is in such a way that if youbare not conversant with it, you can panic along the line because of mere market fluctuations that can lead you to a quick regrettable decision.
Although many people just get into investing in Bitcoin without a little research about it, there mindset was that they will make profit very quick and such people has been disappointed long ago because the market doesn't guarantee that, there know tricks in the market, it is open for everyone to invest and reinvest until it gets to the profitable point, thats why as a new and old investor, we need to make more research if we really wants to make Bitcoin our major asset.