These days people have become much to accustomed to be sticking with old habits of expenditures. Income and expenses must go hand in hand, but we must be careful to finding out what tactics would save us when market is falling down and that assumption that a bear is coming. It all comes down to what reality has to offer.
In crypto exchange markets,reality might turn out to be a big block which you can't get rid of. There is in one point, a risk is attached to even $20 investments. Now, in any business you might be thinking on how to manage the risks and rely on the potential to turn the coins into a lucrative value. Profits come then when we seek to get a good reward out of it.
In any investment mechanism, whether it is shared or fractional wealth or even the whole money you put in exclusively bears a potential value which quantitatively could foster growth, 2×, 3×, 4× etc, or even more. On the other side, the prices might fall down and leaving you be weary of to take your own money out. That is FOMO and also greed.
I guess the combination of the two is what lets people to resist temptation and carry hope when the bear market tips a bit and boosts the line a bit higher. Yet we must think of how to be smart in our moves, because once we take our money out, we are out of the game and when collectively all the people invests their money, they become the part of the inclusive economy.
Now, when the market is expanding and we have a choice within us to select a token or coin,specially the alts and bits have a different angle condition. Also the prices are fluctuating, we still do have a choice within us to take which one would be good choice to make. In that sense, only smartness shows that the investments might see a positive result when the money would be in for highs and lows.
Statistics do show that the BTC took a down turn and that is due to the factor that, many large investors played their part. I dont think so the coin which over the years have seen a substantial growth would fall so quickly.
But the whole crypto volume and supply have an effect to be played upon.
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Because, there are many alts which are being added as per the BTC standards and the numerical value really matters most. Because if quantity tops over the quality and there are the elongated money attached that collectively ccould make a difference. I think that, to be a good investor, you must have a sense of judgment over the market and of course there are many market sectors, too.
But only those who could know where to put capitals in and survive out of the market, is what the key to success. And of course, experience has no margin and only it heps to own profits grow. Do you agree ?
