You are viewing a single comment's thread from:

RE: My First Crypto Buy...Tell Me About Yours!

in #cryptocurrency7 years ago

LOL, so it looks like he is still doing that?! I haven't been paying attention. The lesson that Tron taught me is that news rarely moves the market, unfortunately. In my short time in crypto I have never seen an actual announcement make the price of a coin skyrocket! I believe that the whole market moves on the sentiment about crypto as a whole at the time. If peoples feelings about crypto are good, the whole market moves up, once the price gets so high people start to doubt a further climb, (once the doubt sets in) people sell and the market crashes. The only way I think I can stay sane (if I am sane) with crypto is to buy and hold, and not try to time the market. Honestly I am allocating a small amount to crypto every week. I really have to stop myself from over investing, so I under invest. I want to be able to sleep at night, lol.