Is over 3 months now btc is experiencing lost, in my little way I use 1 million naira to invest and ever since then I don't feel like sleeping because my money keeps dropping every now and then, I don't know how long this drops is going to continue because am scared the little money I thought will built empire is shrinking to 200k. Please what's causing these deflection of cryptos and markets. Or should I remove the remaining balance?
You don't need to be afraid because bitcoin price most surely increases but the thing is that you have to understand that bitcoin investment is not something you will invest with all the you have, secondly borrowing to invest on bitcoin is a wrong concept from my understanding,because nobody can predict the futures of bitcoin, I know quit well that bitcoin investment have to do with a risk and you need that the risk that's involved for investment is very high and you need to understand such, if you invest and immediately you invested the price of decrease that means you have not study the market very well.