The Cryptocurrency Black Friday is here, hurry up!
Oh yes, it is shopping time, get all your funds ready buy as much as long term crypto coins as possible. Why am i calling it the black Friday for cryptocurrencies ? because, it is not everyday you gets to buy these coins at dirt cheap prices. Following a negative news from South Korean govt, the crypto market plunged almost 50%, all those weak minded investors sold their coins in panic thus resulted in a market crash. But people who have been into crypto investing for a long time knows that it is "Shopping time".
Whenever such negative news would hit the mainstream media we would see a sudden decline in the coin prices, smart people would see it as an opportunity to buy more coins, and now the coins have already started climbing back from the fall, so you should hurry up and buy as much as good coins as you can. I would suggest you to buy some LTC, NEO, ETH, ETC, and BCH. I am not suggesting Bitcoin aka BTC unless you have a lot of money to invest .
Instead of putting all your money into one particular coin, diversify your investment among different coins, so that even if one coin's price goes down other coins will keep you in profit. So are you all set to do shopping for the Crypto blackfriday ? If you are, happy shopping :)
PS: Never ever sell a coin at loss (Follow this and you will never face loss, because from time to time small fallback and market corrections are common in crypto market, so even if a coin's price goes down from your buying price, it will bounce back sooner or later).
PPS: If you are interested in day trading check my post HOW TO MAKE MONEY BY DAY TRADING
Follow me @shonyishere
This is probably the wrong place for such an obvious statement. But obvious is not bad.
Spread the word, and make sure you invest in understanding way before and way more than you invest money.
Yes, spreading the word is the intend, I am just sharing what I know. Correct me if i am wrong.
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