Quote from: GbitG on April 20, 2025, 09:41:08 PM

Quote from: cxtreenal on April 20, 2025, 05:06:03 PM

Quote from: cvx-move on April 16, 2025, 04:54:06 PM

Hi. I am a beginner in cryptocurrencies & mostly a holder than being a trader , but I have lost a lot of money past one month,the Bitcoin goes up & down but other ones just goes down why? is it normal or not? I have some Move-CVX-XRP-Major_GMT & all of them are still going down & down.I am disappointed & confused & maybe give up this market forever. If you are an experienced one please give me some advise.

You should stop trading as you are still a beginner. It would be best for you to start accumulation Bitcoin in DCA method. For novice investors, shitcoins increase the risk of their invested capital and the possibility of losing money forever.

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Exactly, if he/she is a newbie and doesn't have the capacity to tackle with market then for sure he/she needs to stay affiliated with a DCA strategy. Because DCA is the only strategy that which can reduce the risk of loss. Like, this strategy is the best stance against volatility. Thus far through DCA you can accumulate Bitcoin very easily without any hesitation with the benefits of long term.

In fact Bitcoin is super volital and if someone doesn't have proper knowledge, then apparently it can cause serious trouble for him. Like @cvx-move say that Bitcoin goes up and down. Is it normal? So of course such kind of correction is normal behavior for Bitcoin when it comes to the short term. And that's why we always emphasize on long term strategy (DCA) rather than trading. Because in long term Bitcoin always on green track.

Thanks alot.