Post
Topic
Board Nigeria (Naija)
Re: Always expects volatility of the crypto market at all time.
by
Princess Leah
on 08/10/2024, 22:26:38 UTC
The unexpected volatility of the market is stationed to be high based on unpredictable market season. We should understand the simple basis that comes witht the market. Its been designated to make traders and investors run at heavy losses. Bitcoin and other crypto projects have their own specified time and season, exactly main reason we should be careful with these projects. Although we have the bull and bear season, we choose the precise season that's favorable for each and everyone of us. Is there any more thing I ought to be acquainted with?

Wait a minute, are you saying that people should be scared of investing in Bitcoin? I would've agreed with if you've said that people should be careful how they invest on other Cryptocurrencies but generalising it and saying that people should be careful with Bitcoin and other Crypto projects is a very wrong call, this shows that you don't know much about Bitcoin investment and should rather learn about it instead of trying to teach what you got little knowledge about.

 Well, I'll start by letting you know that volatility should be an issue to someone who invests on Bitcoin, it is for several other cryptocurrencies cause lots of them are pump and dumps but certainly not Bitcoin cause investing on it requires long-term and their are several methods of investing on it that Bitcoin investor can use to recover loses overtime. I would've gone further but I'll leave you links of threads where you could go learn about Bitcoin investment.
https://bitcointalk.org/index.php?topic=5132720.0
https://bitcointalk.org/index.php?topic=5487753.0
https://bitcointalk.org/index.php?topic=5510010.0