Well investments are for long-term generally. I'd HODL given the chance. Just leave it to keep growing πππΌ
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Well investments are for long-term generally. I'd HODL given the chance. Just leave it to keep growing πππΌ
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Well, investments are more about timing than anything else
If you buy at the absolute top of the market, and that market doesn't go back up, then holding long-term won't help you.
In general, good cryptos are probably going to reach new all-time highs by December of 2021
ahhh a year to save ππ€£ππ€£ let's hope there won't be more plandemic in store πππ
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Might be a "2nd wave" but the real hit will be when a Banking Crisis in #Europe or the #UnitedStates via what's called a "Bail-in" occurs
A bail in as opposed to a #Bail-out is when the banks cut people's bank balances in half, etc. https://myhive.li/dp5o6
ouchie! Wouldn't want that to happen ππ
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I don't want it to happen but if it does, the world will fee banks and try to place their money in Bitcoin / Crypto.
That is one of the reasons #BTC and other cryptos are supposed to go so high by the end of next year.
well just like everything else, it's uncertain. We could just do our best to prepare for it πππΌ
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Uncertain is not necessarily 50-50..
The key is having enough insight to make your investments slanted as close to 99-1 as possible π
Ah wait, there is another strategy that is actually easier than timing the market . .
#DollarCostAveraging, just buying the same amount every month in terms of USD or Php.
This can prevent people from going all-in at the wrong price :)
π€π€π€ interesting... That's more applicable to me, as I tend to save in small batches πππ
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Ah yeah, that's good.. #MaxWright predicts #Bitcoin will reach $100,00 - $500,000 USD by December 2021 . .
A lot of cryptos will probaby do well too! #NotAll
But December 2021 or a bit after that would probably be a great time to sell at least some of your portfolio!
what portfolio? I have yet to start ππ€£
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You have #HIVE right?
most in HP πππ
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