That's definitely the case, no need to worry if you buy at a high price, there will definitely be time for the price back to be even higher than what you bought, and vice versa, so the problem is we can't predict how long it will be, we can only see the data through the chart.
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I didn't lose much of the money I had to spend, I only ever lost a total of $100 while I was in cryptocurrency. I am more often fooled by my sometimes unpaid work. Although I don't spend money, but it's really a waste of time, but it's a risk.
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we definitely lose a lot of value on cryptocurrency, and it will fall deeper, but instead of weighing the destroyed cryptocurrency, if it happens it may have an effect like china that tires cryptocurrency, or even more, because the USA also has a lot of cryptocurrency companies, I think for now they limit it, not prohibit it.
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For now, the most centralized cryptocurerrency in my opinion is usdt, since it is a stabilcoin. i know that, xrp, bnb also have centralization properties, but they also still have decentralized properties in price, whereas usdt is indeed completely centralized.
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For now bitcoin performance is quite good, although more and more users will be heavy from some point of view, such as the number of people mining bitcoin will make the price of VGA expensive and get less bitcoin per hash, but about bitcoin technology I think it is very remarkable, bitcoin has been around for more than 10 years, but the idea that can be from bitcoin technology never runs out.
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I don't think china will come out that easy, let alone the bitcoin network has many ways to access it maybe they will come back to glance when it really becomes deserted, currently we are losing the largest mining in china , but they could be back in a new way that we have never thought before.
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It depends how your trading style is. there are people who can withstand up to more than 5 years, but some have good knowledge in analysis. usually they are good at making the most of the moment. This is perfect for trades that profit for a certain period of time.
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I am currently using stop loss because it is very useful when market conditions go down like this, there is no word "hodl" when the market is down, it will continue to fall, I hope those who often lose should use this so that they do not lose much.
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If fair you use btc then it will be calculated based on btc, not in fiat. you transact at a price of 0.1 btc then you have to pay with 0.1 even if the estamasi in dollar amounts is up or down. you still have to pay with btc 0.1
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usually people say "hodl" when their assets are down, as if they have surrendered to the current trading trend, and do not want to take a moment, and usually the word "hodl" is useless for greedy people, once their target is reached they want a bigger one, it will instead turn into a loss.
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As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money. Need your thoughts on this tho'...
Always make sure to buy coins that have high trust from the community, I usually see them in coinmarketcap. there you can choose the top 10 to 30 coins usually have good potential for the future. Try not to invest in new projects, because it has the potential of a scam, teach children the basics of investing.
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From what I researched, meme coin has no ecosystem at all like just a joke coin made for the community and used only for pumps and pumps, it can be said to be dangerous. but usually coins like these will go month faster than projects that have ecosystems, but they grow impure.
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If you're thinking of investing in a newly pioneered altcoin it's going to be difficult, it takes a lot of technical and fundamental analysis, but now we've got coinmarketcap there you can see coins that the community already trusts a lot. Be careful with new projects, as many rely solely on fomo and then leave their projects.
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I also think this is a trend down, as I saw from a well-known youtuber predicting bitcoin is already death cross, but I'm sure it won't be worse than 2018, I think 2018 is the worst time in cryptocurrency history and don't want to experience the same event.
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You have to learn more about technical, because it looks like you see fomo looking up quite high, in crypto there are always ups and downs, even though the price of eth is very high, there is definitely a moment that will come back down as low as low, and up again, I usually also use fundamental analysis for the long term.
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Lately I see the movement of altcoins is very similar to bitcoin, it always follows, for example bitcoin drop, altcoin soon catches up, and vice versa if bitcoin there is a flash pump then sideways in a short time, where altcoins start to rise, this happens within a few months until now, maybe you can see it,
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I understand how you feel, how you are currently experiencing it, because I am also a fan of airdrops and campaigns, not infrequently always subjected to fraud, it's like a normal thing, This time I really research the project well so as not to repeat, even so I will not give up even if deceived, because we as campaign participants or airdrop hunters there is no protection by any party , that's a risk we have to accept.
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Everyone has different things when I meet bitcoin, it's nice to hear that, I got into bitcoin because I wanted to have an income, and now it's been 4 years here, it's fun, in addition to earning, also getting knowledge and community.
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bitcoin is considered buble because of the speculation that exists in bitcoin, it seems to me absolutely, benefiting from speculation of bitcoin as if bitcoin is a worthless coin, but here we all always judge bitcoin from its technology, because there are still many ideas and concepts that can be explored from this bitcoin.
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Investing in bitcoin, because I love the technology it's used to, and everyone is currently learning for it, I believe it will be a bright future, it makes me always want to invest in bitcoin.
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