Is crypto a good Investment ?
There is a chance to get billions with crypto for sure and there are indeed chances to get banks corrupt/loss all with that too. We have seen and many of us have witnessed those situations too the rest of us were #FTX (FTT) and # LUNA. I am not saying that investing in crypto is all risky but if you can diversify your portfolio then sure you do earn good returns that is what most do suggest and sure that is true no doubt.
It is really a good way of investing if you will not depend totally on oin crypto. The risk is everywhere and we will see that everywhere in the case of crypto sure it is more vulnerable than the stocks but there is risk in both.
There is no central authority that controls the crypto. In crypto they know are whales, they do own huge chunks for a particular cryptocurrency.
They do sure have the power to dump and pump the market really hard and sure do that and earn from that pump and dumps.
You can imagine the situation for the investors who did buy BTC and other altcoins at their all-time high. Maybe you are one of them that can be. Sure this did happen a lot with the stocks too. you can sure minimize your loss buy keep buying and keep averaging in investment with more investment for sure. I am not sure if there is any other way to do it. If you going to hold it for the long run there is sure mostly you have more chance to get a really good profit.
we have seen that BTC was at its all-time high last year was almost around 68k USD and now it is moving up and down from 16k USD to 18k USD. You can check the BTC price history from day one in detail.
When BTC and other altcoins were at their all-time high then mostly many peoples were there to invest in but surely is really a bad time to buy that.
Buy at low and sell at high the funda seems to be early but not really that much easy. Not all of us can do that, we sure do get greedy of course sometimes being greedy did give us better results (but not all the time).
If you are investing for the long term then you should not panic that much when the market is. Just take a needed breath and keep calm.
But sure keep tracking your portfolio and do keep yourself updated related to the #investment sometimes things can end up like #FTX and #LUNA
So, I do think investment in crypto is not really a bad idea for sure. I would recommend you do to start a SIP (Systematic Investment Plan) is a good way to invest in crypto and other assets. If you don't have enough amount to invest in. You just have to just fix a portion of your meaning to buy that particular. I am planning to do that with the #HBD whenever my salary will hike maybe next month.
I am planning to stay on #hive for a very long time and sure do invest in it.
If you do believe in the project where you are investing then sure your investment will be worth it no doubt about that. Never invest if one is asking to buy this and that. Sometimes you can sure gamble a little, you can relate to this in the Shiba Inu case, mostly we all noticed that when it did pump realy hard.
So, invest in your own risk and research don't blindly trust someone and deposit all the money at the same place. I am not provoking you to invest anywhere, this is not financial advice I am just sharing my point of view.
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It is for those who see its value. Others are lacking behind. Thanks for sharing.
yes indeed you pointed at and we all know that hive is a gem. other will know that later 😃
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Wo log to ab tak ludhak gaye honge aur ye logo ko bahut samjhaya jata he ki market down ho tab hi paisa lagao par ye log apne emotions me bah jate he. ummed karta hu wo log hold kar payennge aur is chij se nikal payenge. Bitcoin halving cycle ko samajhna behad jaruri he samajh kar investment kiya jaye to behtarin parinamo ki ummed ki ja sakti he.. 👋
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He hee esa na kaho bhai, par ho bhe sakta hai.
Ye to niyam he hai ek ko fayda hora hai to durse ko nuksaan ko hoge he. Wahe hai na bhai lalach aa jata hai jab man mai tabhe sare bhudhee dhare ke dhare reh jaate hai 😅.
Bas dekho kya hota hai aab to bas ek badiya se bull run ka intjaar hai.
Bull run to har 4 saal me aayega hi aayega with guarantee. Halving ka ab ek saal bacha he halving ke baad ab tak ka sabse bada bull run dekhenge ham log.. be ready for it 😍
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Aha soch ke he maja aane laga hai, dekho bbai kya hota hai. Thora dar to lag he raha hai 😬, but koi ne life ka ek risk or sahe
Right boss, mujhe to dar hi nahi he vese kyu scenerio pata he .... dar unko hona chhaiye jo centralized paltforms pe ho kyuki aage aur bhi jhatke aane wale he... let's see kaha tak nuqshan hota he... Filhal to hold and wait 😊
Badiya hai bhai☺️. Aab mera bhe thora bahut kam ho gya hai 😬.
Ha hold he krna hai bhai filhal to bas bake dekho kya hota hai.
haha wait karte he brother
yes bhai or kuch kar bhe nahi sakte hai filhal too
Awesome post dude i too am extremely bullish on crypto Hive in particular i think decentralization is the key moving forward
yes lets see how f ar we can go in the bull run. 😅