Ask Leo:for how long can an investor wait to maximize profits in cryptocurrency investment ?

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Many have seen cryptocurrency investment as a fast means to richness or short cut to profit maximization but to be sincere with you it's doesn't work that way ,
Cryptocurrency is a kind of investment that no one knows the actual time or period it going to yield profits but by being patient definitely a payday will surely come experts can only assume or predict but no one can be sure or accurate about it ,
Cryptocurrency doesn't work as some people think. cryptocurrency is volatile in nature and this make it unpredictable even expert are only trying to predict and it is not certain or sure if their predictions will be correct because nobody can be 100% sure of what happened in the next minute when trading crypto.
Cryptocurrency is usually a long term investment scheme that take a longer period of time sometimes 2 years or even more and that is why it is advisable to use a money one can afford to lose or what if you invest the money you borrow and you are expected to pay back in a months time into cryptocurrency investment .such investor will have himself to be blame if crypto did not rise as at that time or what if crypto depreciate in value such person will have himself to be blame at the end of the day

Important things to no before investing into cryptocurrency investment

• cryptocurrency involves Patience: when investing into cryptocurrency one must be ready to be calm
• cryptocurrency is usually a long term investment: investing into cryptocurrency it is usually take some period of time or years investors must be ready to wait for a longer year if it doesn't yield profits at that particular period of time
• price is not stable : in cryptocurrency price may varies from time to time an investor might sell today and at a particular price and in the next minute the price might have changed investors must know that price in cryptocurrency investment is not a constant thing
• scam is real in cryptocurrency investment: as an investor one must be very careful of scammers when investing into cryptocurrency one must be smart and intelligent to identify scammers because scammers are ready to take your hard earned investment money if care is not taken
• security is also very important: when investing into cryptocurrency investment all your keys and password must be kept in a save place because if you lost your keys one might not be able to gain access to is wallet or account again so it is important for investors to take the security of the account serious also investor need to secure is keys or password 🔑 because it is personal and not for public so the password and keys must be kept privately
• research : as a crypto investor one must be current in the market and making more research about different cryptocurrency will also be an additional advantage to diversify in portfolio if one crypto is not making sense one can quickly diversify into another and this can only be achieved through research and getting information online
• Risk is part of the business: be prepared to take risk if you can not take risk then cryptocurrency is not for you because there are two sides to the coin is either you loose or gain because crypto it's self is volatile in nature and anything can happen along the way with this investor need to be prepared for both situations the unforseen circumstances like the bear and the bull market

Conclusion

No one can be sure of the time or period of waiting in cryptocurrency investment all you need to do is to stay focus have a plan don't be panick to sell take your time and focus on the future for a better profits maximization period

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