When is the right time to invest in Crypto?

avatar
(Edited)


source

Hello great minds of this community, hope you all are doing well.

Today I came with an important question that has been bothering people in the crypto world and it is still a problem till today and the question is;

When is the right time to invest in crypto?

One problem most people faced in crypto is greediness, whenever they are winning they still want more. Let's take Bitcoin for example, last year BTC went down to $15K and people where still doubting, they didn't want to invest hoping it will still fall down to $10K due to the speculations going around. Now in their very eyes BTC moved upto $30k and now they are regretting why they didn't buy. They still have chance now but won't buy, when it rises to $60K then they FOMO(Fear Of Missing Out).

One thing you should know is that no matter what 1BTC is still 1BTC you should know that, don't wait for when everywhere is green before you start investing, develop an investment plan, make up your mind on when to buy and be patient till your target is met.

One of the best thing to save yourself from selling too early and missing the pump is to DCA (Dollar Cost Averaging) which means buying in bits, People need to DCA more often.

I would want to hear from community members on how they manage to successfully invest in crypto.

Thank you



0
0
0.000
2 comments
avatar

Hey @sufficient1!
Actifit (@actifit) is Hive's flagship Move2Earn Project. We've been building on hive for almost 5 years now and have an active community of 7,000+ subscribers & 600+ active users.
We provide many services on top of hive, supportive to both hive and actifit vision. We've also partnered with many great projects and communities on hive.
We're looking for your vote to support actifit's growth and services on hive blockchain.
Click one of below links to view/vote on the proposal:

  • peakd
  • ecency
  • hivesigner
  • 0
    0
    0.000
    avatar

    Congratulations @sufficient1! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

    You made more than 10 comments.
    Your next target is to reach 50 comments.

    You can view your badges on your board and compare yourself to others in the Ranking
    If you no longer want to receive notifications, reply to this comment with the word STOP

    To support your work, I also upvoted your post!

    Check out our last posts:

    LEO Power Up Day - April 15, 2023
    The Hive Gamification Proposal
    Support the HiveBuzz project. Vote for our proposal!
    0
    0
    0.000