How are you my dear friends? Hope you all are well. By the grace of God, I am also fine Alhamdulillah. Friends after a long time now the price of bitcoin has gone to a good position and simultaneously the value of other alt coins has also increased. Today Bitcoin was worth over $70k. However, it is good to see this improvement in cryptocurrencies, since Bitcoin touched its all-time high a few days ago and came back down. And at the same time other alt coins also came down and created a very bad situation in the market.

---

Source

---

Anyway, this is a common thing in cryptocurrency. So when Bitcoin reached its peak a few days ago, many were regretting why they didn't invest. But the market has given them another good opportunity to fulfill their hopes, so when the market goes down again they have an opportunity to invest. Many who missed the opportunity in the beginning have now completed their investment Today I would like to give 2 very simple tips especially for those who are new to cryptocurrency and interested in investing. I will not discuss this topic much today, as I have already done a few reports on this topic.

First of all when you are ready to invest in cryptocurrency you need to save a right coin and you need to understand where its price is flowing and how it is moving. In this case, one thing that new crypto users can do very well is to get an entry into the coin at a good time. And this is normal because a user or a new investor keeps an eye on his coin for several days and at the same time keeps an eye on its price movement and whenever he creates a good position to take an entry in the coin he can easily take an entry in his coin. But in this case, especially in cryptocurrency, just as it is important to take entry at the right time of the coin price, it is even more important to withdraw one's investment from the coin at the right time. So if you have invested in different coins for this bullrun, timing your investment is as important as timing your profits from the coin. And if you can't do this, you can suffer very badly. You may even lose some of your property But regarding long-term investment, there may be some change in this case as if you can't take your profit at the right time then you may get comparatively much profit.

---

Source

---

And so in this case when you invest on a coin and when you enjoy your profit matters a lot. However if you are new to cryptocurrency then I would say you should definitely get in touch with a professional and always do the analysis yourself. Anyway, that's it for today, I'll be back with you again with something new. Ending here wishing everyone well, Allah Hafiz.

---

Thank You

---