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And now the price of bitcoin is very tightly adjusted. And this is normal. In the market there will never be eternal growth and an eternal fall. Everything will repeat again and again. And our business is to buy a crypt on the correction, which would then be sold when the price grows. And so on a circle.
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Invest in crypto currency is needed as much as you are ready to lose. This is the golden rule of the crypto-currency market. The volatility of the market is very high. At the same time, the risks are also high.
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A good choice. I believe that it is better to earn a little less (compared to small altcoins, where you can make good X), but at the same time minimize your risks. Bitcoin, etherium, altcoin are time-tested coins.
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In trading there is such a thing as risk-management. Everyone has his own. You determine at what price drawdown you will sell your coins, so that later on at the bottom you can buy them again. So you do not turn from a trader into an investor.
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When prices fall - you need to sell at the very beginning of the fall, and then buy at the bottom. If the sell did not have time and prices fell heavily - then only wait until prices again rise. After the correction of the market, there is always growth.
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When prices fall - you need to sell at the very beginning of the fall, and then buy at the bottom. If the sell did not have time and prices fell heavily - then only wait until prices again rise.
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Quite an incorrect comparison. In order to earn on trading you need to be able to trade in the crypto currency market. And very few people are able to trade. And to participate in the company of signatures special skills are not needed.
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Now is the time to buy bitcoin. While the market is on correction. After correction, growth will begin and it will not be so profitable to buy. Ideally, catch such correction moments as in February ($ 6000 for bitcoin) and buy it at these moments.
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Now you can buy bitcoin (the ideal moment was when its price dropped to $ 6000). The market is still on the correction. After correction, growth will follow. Therefore, it makes sense now to buy bitcoin.
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If you have assumed that the price of the coin you bought has fallen very much, then you just have to wait until the price again grows. But it's better not to let this happen. But even if you lost money - then step over and go on. Crypto-currencies are inherently a risk.
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No exchange can guarantee you the safety of your money. Therefore, my advice: divide your deposit between several exchanges. So you can diversify your risks. Do not store all eggs in one basket.
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