ICO are the hottest investments when it comes to blockchain and cryptocurrencies today. With thousands of projects listed on the various ICO listing sites, it is important to get more details from others. Today we…
What you Need To Know About #Bitcoin-#cryptocurrency Investment
There are two types of #investors:
Short term traders - They constantly monitor the prices and the news surrounding the cryptos. They buy at lows and sell at highs sometimes within a day. Long term #traders - They believe in the #cryptocurrencies. They don’t want to take the pain of monitoring the prices every second. So, they buy and hold. Even if the crashes happen, they believe that the prices will go up. I have tried both. When the flash crash of bitcoin happened in September due to China ban, I held to my bitcoins. I didn’t want to pay too much attention to it. Now, the recent crash happened in November when the fork was suspended. I tried selling at high and buying at low.
One thing I concluded was short term trading takes a lot more time keeping up with the news and the constant research.
So, the choice depends on how much time you can dedicate.
If you have less time, don’t worry about the crashes if you believe crypto-#currencies is the future. But also look out severe crashes by like more than 25% and buy more. If you have more time, read more news, join discussion groups on telegram, watch youtube videos. Read about investment strategies. Which ones are more prone?
Bitcoin is the mother of all coins. If bitcoin goes down, the other coins also goes down. So, the easiest thing is to keep up with the news about bitcoin. Since, the price of Bitcoin is high, it also experiences the maximum fluctuation during a crash. The other thing is read about new #ICOs when it goes below the ICO price is likely you can jump in.
There are several ways to make money with bitcoin and cryptocurrencies. This has been one of the best ways people make money online with the lowest investments. Juts to remind you bitcoin investors in 2017…
Always make sure your read our post and feel free to comment on the blog. In November our team did a research which led to the post in when we discover something fishy about bitconnect. Those who fead this post followed the advice that was in it and i believe today it should be good. Thank you Dylan Kamgang for putting together this text. Everything came to past.
Just finnished testing Switex platform by #Naga. Once this platform will be ready, #Naga will be worth more dollars. It is good to buy your Naga now and wait for Switex to get public. Switex will be a gaming platform where players will be able to use Naga. Block chain for the gaming industry. Thanks to trhe #NagaTeam for giving us the previledge to test their platform. We wish you the best ...