Is this a good time to invest in crypto?
I think this was been asked many times by most newbies and beginners in this space. Let me give you a lil’ bit dose of reality.
One day, an investor has $200 in his budget looking for a crypto investing opportunity. He saw a specific token that is only worth $0.01. He asked himself “Is it a good time to invest in that token?”. But he was having second thoughts.
A week later, that same token he looked on already jumped it’s value to $0.05, so he is asking himself “Is it a good time to invest in that token now? Maybe I should wait for a pullback.”. So he waited again.
Another week has passed, and the token jumped to $0.20, so he said to himself, “How I wish I have bought it at $0.01”. And he regretted his decision.
But of course, don’t expect that all coins and tokens are going to pump eventually. As the market conditions are unpredictable, we just don’t know when it will go up or down without warning.
The point is that no one can decide for you except yourself. Coz’ no matter which advice do you get from the experienced, it’s always you who will be making the final call. Just make sure that you only invest an amount that you can afford to lose and not going all-in. Risk management is necessary.
Hope this helps.