Is this a good time for me to invest in cryptocurrencies?
Greetings friends!
These days price of crypto is very low compared to the price during the month of April and May in this year. If I invest on it and price drops further, then it would be an economic disaster for an investor like me who do not have much resources. Kindly, guide me on this topic and also suggest cryptos those will be beneficial in the future.
- Yes, it's a good time.
- No, you should wait.
- You should invest in.....
Answer the question at dpoll.xyz.
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If it drops...it's only an economic disaster for people who get scared and sell....Just don't sell!
Thank you for this valuable suggestion.
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Yes, but don't invest all funds at the same price. Always save some extra funds to invest in every dips.
Answering in the comment.
You should invest in.....
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How long?
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It is impossible to predict any action in the crypto space. The opportunity will present itself when your tokens of interest reach the floor on the daily prices chart. On the weekly chart, the trend is confirming the greater possibility of gain in value. These conditions offer a better chance to earn on any investments instead of catching falling "Candles" knives. I am not of course a financial advisor.
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Thank you!
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