SAME THING ALL OVER AGAIN! BE READY
Life is a perpetual beginning, only when you accept defeat, it is the end of everything. As long as you know how to start again, nothing is totally lost.
I knew about this graph but I lost track of it.
It applies to every financial situation.
Every year almost the same time, The market dropped. Business becomes stagnant. This is where you lose money. Stock market reacts differently and it depends where you are in the world. FOREX happened to behave this way at the end of the year.
When you invest you expect to make a return very quickly unless you are familiar with long term investment.
It will be a problem for new investors to reap rewards while the market is climbing.
The idea should be,Take the rewards while the price is climbing.
Do not hold on to a coin unless you have clear indication this is your retirement coin.
The market will clearly rebound and a key position will bring you success.
Focus on infrastructure coin.
Focus on productivity coins
Focus on coins that help generate more coins.
WHEN TO CASH OUT?
—-
The graph is pretty clear. Always be ready to cash out when you are ready.
Always at the end of the year, be ready to consolidate.
When you hear the term correction, bubble, pump, be ready to make a move, while the market is green.
Now let’s shop around and buy some decent coins.
Keep on steemin’
Though past performance isn't indicative of future results, I hope history repeats itself. As a long term investor, it's only a matter of time. Patience is a virtue...
Every January/February is bad in every since quite a long ago.
Nice way to look at the market :) My husband watches our investments closely and makes decisions on when to buy and sell. I’m learning more and more as we go!
Happy to hear from you.
Surely good way to look at it this way.
Thank you! It’s always good to visit you! 😊
True but the cryptocurrency is almost a wasting time and money
Why would cryptocurrency be "wasting time and money"?
Execcelnt advice, thank you my friend
Hmm always pouring out wisdom. More grace @pouchon Thanks for this this time. Hope to see more and more of this. We hope it all gets better by the day
Thanks For the info...Great post brother
very well said @pouchon
Like any other investment, if you come in with no plan in place and not understanding the market as a whole, you will lose every time.
BUY low and SELL in the way HIGH.
I been telling all my friends this from memory. I'm glad you got the graph to show it.
Strap on those boots and enjoy the ride up!
Thank you pouchon for making a transfer to me for an upvote of 6.45% on this post!
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I personally think this is the right moment to invest after the major correction. The bitcoin price will slowly climb up and eventually surpasses $19k.