It's likely that most newbies don't know alot about cryptocurrency. I have seen most people come up and invest some good money and when things don't look so good they withdraw regardless of the profits.
The thing. Even the so called crypto experts sometimes don't have an idea where the hell they think the market is going. It's sometimes a hit or miss. When you have some good money in let's bitcoin you can go through waves of uncertainties, a rollercoaster everyday. Mosttimes most of us newbies do panic and we constantly make losses.
We hear some good news about steem and we think maybe things are going to be well in the near future, only for things to go worse.
where have all my profits gone?
credit
So the coin that was looking so bullish a few days ago is not even bearish.
I think one mistake we make everyday is to be jumping from one coin to another. We buy peaks because we think it's all looking good.
There can be some losses if you aren't so good, I suppose
It's fine to hodl long term.
Some people have done it, and a months later things turn out to be so good without the pressure of daily fluctuations
source
So you may not want to stress.
If you are finding it hard to predict prices, then go ahead and hodl.
Prices can be hard to predict accurately, you can't, i can't, no one can.
But in a long run, we always have a rise afterall.
Have some fun.
And thanks for passing by.
As always
@tesaganewton
@tesaganewton I upvote this post. and i want support for my last post :https://steemit.com/tr/@burabay/ways-of-getting-rid-of-depression @tesaganewton
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Hahahahaha..... come on be nice to the lady
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tui thik kothai koichos bro. tor pachate lathi marmu. you r right.
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Here are your recent posts:
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Hello! I find your post valuable for the wafrica community! Thanks for the great post! @wafrica is now following you! ALWAYs follow @wafrica and use the wafrica tag!
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You got a 6.07% upvote from @upmewhale courtesy of @tesaganewton!
Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!
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You got a 1.64% upvote from @postpromoter courtesy of @tesaganewton!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
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They never have a look into the future. Noone can do this. The expectations to a stock or a coin are in the price. So no one knows if the price raises or falls in the next day.
Regards, Achim
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