I said it. They din't believed it.
Bitcoin had a drastic deep just days/weeks ago and most people sold out their fortune because they just did not believe it will bounce back. Most of these people are not crypto enthusiasts but are just get quick rich guys looking for instant opportunities to get richer.
To sail through in crypto investments, I believe one must be well vexed with the whole system, how it works and the blockchain at large.
Rule number 1: Dont invest in crypto just because others are investing
Rule number 2: Dont invest in crypto just because others are investing
Rule number 3: Dont invest in crypto just because others are investing
Rule number 4: Dont invest in crypto just because others are investing
Rule number 5: Dont invest in crypto just because others are investing
Just because you friend made a fortune in crypto trading and investing doesn't mean that you will likewise. Don't rush, understand the basic principles before jumping in. Don't be hyped.
Because cryptocurrency is very volatile, be sure to follow up with latest crypto news and trends in the blockchain if you are to be successful in this interesting journey.
Bitcoin is bound to go up to as far as 25k or beyond.
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Due to the limited number of Bitcoins in circulation, the coin is bound to sail through as demand increases and also considering the fact that it is still the major base currency that is used to trade with other alt coins.
:: The above analyses should not be taken as a buy signal ::
