Will 2019 be a good year to make money?

in #years5 years ago

View this answer on Musing.io

I am not sure whether from the perspective of making money 2019 year is going to be good or not. But one thing I am quite sure that those who missed the opportunity  before the last bull run to buy a crypto asset, for them it could prove to be a wonderful opportunity. For crypto market an investor should have at least 3 years in hand and if the investor has patience, then I think just like the last bull run happened and if the same can replicate after 3 years then the investor can retire financially in most possible case.

For a short term trader or investors it is difficult to say how much one can gain and that is also risky at times. The underlying principle should be proper money management and the capability to risk that much money which one can afford to lose. In most of the cases people really make a huge expectation before hand and that just goes the exact opposite way. That further leads to stress and weak financial health, so proper approach to investment in crypto is desired.

Those who remain disciplined in crypto investment become timeless and regardless of what the market offer, their disciplined principles ensure them that they do not lose beyond what they can afford. 

After 2017 bull run and 2018 bear run, 2019 is likely to be a consolidative market where it will give enough opportunity to people to invest and those who can on board in 2019 may yield good amount of profit in future. But again patience is key.

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