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RE: Opinion: Is this a Cryptocurrency correction or a complete reset?

in #cryptocurrency7 years ago

Thanks for your honest thoughts. I can understand your frustration but remember that timing any type of trading market is impossible. The key factor is to ensure your fundamental reason for wanting to invest holds. The technology behind the space continues to expand into the mainstream so capital will only continue to come into the market in my opinion. However, markets can become irrational and moves prices up and down as we have seen for the last couple of months. Take this time to invest in yourself by researching more about where you want to put your money and never invest more than you are willing to lose. Lastly, remember great investors believe we should fear when other are greedy and be greedy when other are fearful. Like you say, time will tell!

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Hey thanks for reading and replying! I'm definitely on the same page as you and don't regret my buys at all to be honest.

The goal of this post is to put down what I'm thinking now so I can evaluate again in a month or two. I will no doubt have a completely different view when that time comes.

Trading is great fun and I did not really consider the depth with which I would evaluate myself as much as analyse the market!