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RE: The World of Cryptocurrency - Crackdown Continues
People get scared of the dips, but envy missing out on the peaks. People should invest a little, but nothing major. The gains are historical. Better than anything you will see in the stock market. And crypto allows people to put in just a little money and double it easily. If you put $100 in stocks, you probably wont even see a 10% increase in a month. It would probably take longer. Stocks are for people who have a lot of money. Like a million. If the stock goes up 1% they make a lot of money. Crypto is more of an everybody thing. But dont get me wrong, stocks are a lot more stable than crypto and a better store of value.
veteran investors see a positive opportunity everytime the coin dipped. They just simply bought a considerable quantity of coin and take advantage of its low price and wait for the coin to recover and rise again. But the newbie sees it otherwise, lol :)
Exactly. You just need to be patient and wait. Buy some dips and watch the money stack up. But also never be afraid to get out and take profits. A lot of people worry they will miss the peak. Who cares. Take your profit and live with it. It’s all about making profits and building the coin value and fiat value at the same time.