Bitcoin, Ethereum Investment Tips.
Since the beginning of this year, the cryptocurrency market such as Bitcoin and Ethereum have experienced corrections. Some market corrections saw Bitcoin and Ethereum falling by almost 30%, nevertheless the two coins bounce back relatively quickly after their initial crash.
prominent venture capitalist and investment firm co-founder Fred Wilson and of the early bitcoin and ethereum investor in his interview.
noted that as he advise his daughter who also one of early investor in Bitcoin and Ethereum, Fred Wilson encourages traders and investors to consider what the price trend and value of Bitcoin and Ethereum will be in five to 10 years, not in the short-term.
Admittedly that majority of cryptocurrency folks in the market are often looking to withdrawn profit off minor corrections and rallies of cryptocurrencies such as Bitcoin,Ethereum,monero,dash,steem, Hence, when the price of these cryptocurrencies achieve new all-time highs or are in a position to sustain an breakout .
However, like many early-stage investors, Wilson is considering Bitcoin and Ethereum as long-term investments and is taking its long-term price trend into consideration.
i think you can learn from his tips , i personally consider that fair price correction we experience are as a result profit taking at a peak of price breakout.
source https://cointelegraph.com/news/prominent-venture-capitalist-shares-bitcoin-ethereum-investment-tips
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