Bitcoin and alt going glower
Most of the crypto enthuasitic have probably checked coin market cap for the past day waiting for the dip to be over or maybe you stop looking to stop suffering from this huge dip we are seeing.
Some of these coin are at a lower prices they have been since January for example Ripple(XRP) is at $.50 and Ethereum (ETH) is at $379 which we haven't seen in a good while, which is great because soon ill be buying more crypto to stack up, while many panic sell.
Is everything going to zero
I posted a blog a while back explaining that bitcoin has not "crash" , I don't like to use the term crash because its not consider crash until its entirely at $0.00 which we don't see at all. The crypto market is doing actually pretty good right now because almost a year from now Bitcoin was worth roughly 1k so were still in a good path this is just a correction from the huge pump bitcoin got from 8k-20k in almost less than a month that almost everybody remember because thats when many new investor bought cryptocurrency and that's when the other sold to get their profit $$$
Importance of Diversifying!
Every market is volatile but everybody that invested in crypto should know that crypto is more volatile than any other market so far. This is why DIVERSIFYING IS IMPORTANT, I don't mean dump all you're money into crypto but if you're an investor, you should invest in other market has well like Forex,US Stock marker because those aren't that volatile but volatile isn't dangerous it just mean you have a changes to make make a lot of profit or as we see right now you can lose a lot of profit or even what you have invested. If anybody want to get started investing in the US stock market you can start off using Robinhood which is commission free.
To get started with Robinhood click the hyperlink and you will be redirected to create an account and we will both receive a free stock. If you do sign up comment on my post and I will gladly help you get familiarize with the Us stock market.
