Speculate on this topic. Let's gather the knowledge of the legends here.

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Being new to the world of digital finance,  I think a great way to start and excel is by gathering information from the experienced here, on the biggest mistakes you have made, and things to do and avoid. I really think that'd be a big plus for an upcoming investor like myself.

Hello
So, for a bit, I thought of sharing my knowledge here (even if I'm new here) so as to carry the beginners along. This might come in handy for most of us.
So, I'll be going down to the very BASIC.
What's cryptocurrency?
It's a decentralized encrypted exchange unit.
Right.
It's transactions are visible through a decentralized ledger (Blockchain)
How can you tell which cryptocurrency will go up ?
Truth is, there's no clear cut out way. But there are laws that if followed, you can make predictions. Good ones.
The law of demand and supply can help you understand how the prices of crypto changes.
Demand:  The higher the demand, the higher the price. Quite simple,  crypto platforms releasing better utilities to attract users leads to value rise.
Supply: The more the units of crypto, the less valuable they are in units. If a cryptocurrency is readily available in bulk to the public, the value drops.
Scarcity is value😅
Look at it this way; bywhen supply grows faster than demand, the currency falls, and when demand grows faster than supply the value appreciates.
So, I'll talk later on about ways to make predictions on cryptocurrency rise. Apply the rules and make accurate predictions.