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Author Topic: Be careful of the coin you invest on.  (Read 2252 times)

Offline Dr.Bitcoin_Strange

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Re: Be careful of the coin you invest on.
« Reply #60 on: May 11, 2024, 05:38:33 PM »
-snip-
we can rest assured that Bitcoin will always bounce back and correct its trend overtime, as long as we continue to HODL through that temporary fluctuations.
While this may not be the case for other tokens, there are tokens that have become worthless due to its inability to recover from a DIP.
I am also confident about how Bitcoin will revive after the bearish trend is over,
it is only a matter of time and then reaching a bull market will make new history on Bitcoin.
All altcoins will be affected and there are indeed coins that cannot recover from their DIP price and some also recover and follow the price of bitcoin.
Most certainly, Bitcoin has always shown tremendous recovery, judging from its previous cycles.
Although, while it's true that past performances can never guarantee future outcomes when it comes to cryptocurrency, we are also very certain because lots of facts proves that this bearish trend is only but a recuperation period for bitcoin, to prepare for the upcoming bull run, so that people can also get the opportunity to start buying low right now.

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Re: Be careful of the coin you invest on.
« Reply #60 on: May 11, 2024, 05:38:33 PM »

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Offline Thyplaymaker

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Re: Be careful of the coin you invest on.
« Reply #61 on: May 11, 2024, 08:20:56 PM »
Sometimes, doing proper research doesn't mean that you will not get scammed.
Sometimes, just using your common sense is enough for you to avoid these scam attempts.

To lessen the chances of getting scammed, just focus on the top coin or if you really want to put your risk to near zero, just focus on Bitcoin. Just learn how to buy, and store it and you're good to go.
Exactly, we should focus on the top coin . Alot of people have messed up alot due to greed , they always want to make it fast , which we all know things don't work that way . Inorder to make it in this space one need to be patient and to be persistent with what he or she do . Because having the mindset of wanting to make it fast may only lead to one investing on the wrong project, because is not all projects that are hyped worth the hyping that's why we should always do our own research always. ;)


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