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RE: Last Chance To Take Profit? - Chart Shows Correction Is Imminent / Trutheum: Awesome! / ETH Ice Age

in #crypto-news7 years ago (edited)

I would wait til you see the bottom of eth and then buy. The people who bought into the stockmarket in 2008 are incredibly wealthy now. This is the same thing. Crypto is not going anywhere because it has actual product attached to it. When people go in on the ground floor, it never looks like a "sure thing" . The Amazon guy was packing thousands of old books into his garage in the beginning. It's easy to look back and say "oh I wish I had known about that--I would've invested", but would you? He really just looked like a person with a hoarding problem. That said--do research on the coins you invest in. Read read read, don't just take advice from a video. And I don't know why you had such issues with kracken. Spread out money to different exchanges and wallets so it's not all in one place anyways. Hope this helps.

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Ya I really didn't know that spreading my portfolio over different exchanges was something that may have helped to expedite the process of getting my money in my account. Sadly I still waiting even though have admitted to having my wire. I am still waiting for so-called bottom of ethereum. Everyday it seems to go a little lower. Do you think its bottom will be sub $100? Thank you for all this great advice. In these uncertain times, I am even more confused than ever.

You should spread it across exchanges and wallets so everything isn't in one place in case of hacking. Who knows where it'll go--it just popped back up an hour ago. If everything just went up, this wouldn't be a real economy. There is always ebb and flow in any real investment. I'm surprised how many people are crying about the "money machine" being broken. You buy in when things are low, because you've educated yourself, and you know it' a good buy. Crypto is very volatile because it's young. There are no sure things in investing--your best bet is to educate yourself as much as possible-then you can make your own conclusions on what to invest in. There are lots of articles here on steemit, and the old standard google. Good luck!