That is it and you have really give a good advice. I think we are going to have another trading cycles soonest and buy when bitcoin or others coins goes down again is the right things to do. I wish we understand all the investment opportunity in cryptocurrencies market and takes the advantage of it and makes money.
Exactly but alot of people are still scared of buying knowing fully well how profitable they can be when it finally favours the market,and if so buying when the price is down abit is a perfect decision to make regardless studying the market is another thing to consider cause crypto is broaden and at such a you need to broaden your knowledge as well inorder to be profitable in the long run.
Those who invest in all these crypto platforms have a good idea about all these markets. You have mentioned the word crypto every time in terms of investment, but crypto does not usually mean a specific coin, but by crypto currency we usually mean all the coins in the market. Here, for the convenience of investors to understand, you have to explain your matter in a simple way, for example, you can say that investors should have a good idea about the investment before investing in Bitcoin.
In my opinion, there is actually no alternative coin to Bitcoin for long-term investment. Now that there are so many good coins in the market, if you advise investors to invest in all the other coins in the market, then I will tell you that your advice will be wrong, so talk directly about Bitcoin and give Bitcoin related advice to investors. Those who have been involved in investment for a long time have a good idea about the right coins, but for those who are new, it is difficult that they start investing with which coin.
So if we discuss Bitcoin all the time, they will no longer have any doubts about which coin they should choose, at that time it will be seen that they are choosing Bitcoin for investment and that will be the right decision for them.