At this point crypto markets seem to be influenced by some speculations, so it's easy to tell when people stop the bearish talk and turn to speak bullish, this should be the time to buy crypto.
The main rule is never to try to catch the falling knife no matter what.. Buying dip is luck + trading skills + experience
Lol I like this, sounds like something I can preach and put into practice
Heh) and I bought my first cryptocurrency just like that (like a joke) and forgot it for 4 month. A couple of months ago I remembered and was glad, regretted that I had bought a little.
Investment on crypto does really need up some sort of luck when you do deal into this market some had anticipated and some do make it as a joke but it turns out that those jokes become the reason for them to make money unexpectedly and to those people who had expected much because they believe
it does have potential do end up on nothing or not getting any value.It is just a matter of some mix luck and of course analysis would really be much
needed because this isnt gambling on where you do just simply pick without any basis.
I agree that investing in crypto sometimes takes luck to make a profit. Because no analysis is 100% accurate, we have done the analysis
and research properly, this does not ensure that we make a profit. Indeed, investing in crypto has a very high risk compared to investing
in other assets. But this is what makes investing in crypto start to be in demand, because there are so many early adopters who think
investing in crypto is a joke. Finally, we were very surprised when the price of the coins we bought rose, and managed to provide a very large profit.
So always use extra money when investing in crypto, so when the price drops we won't panic and can patiently wait until the price goes up again.