Everyone must be thinking about this, the price of bitcoin has been very volatile over the last few years and everything can change when the price starts to spiral out of control. In the last month, you must have noticed that the price of one coin dropped by around US$58,000 to US$46,000 and this makes all bitcoin lovers even more indifferent to the market.
What will everyone do next, if you are still one of the lovers of investing through crypto assets, you can do a way to choose to invest in crypto assets other than bitcoin and this will be a memory for all cryptocurrency lovers.
Investing in more than one type of crypto is a strategy to secure the assets we issue and maintain our vigilance when some market prices change.
You should not carelessly choose crypto assets and rush to spend your funds on coins that are currently popular. invest other than bitcoin, you can see some tips and maybe can remind you all to secure your valuable assets.
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Some important points that you should all consider when you want to choose a crypto asset that you deem appropriate.
- The reputation of the crypto asset coin is very influential.
What you should do, look carefully and choose a good reputation crypto coin asset. understand and consider the level of adoption of the use of crypto-asset coins and you also have to see how the opinion of public figures. Crypto user forums can also be an indication that the coin you choose has a good reputation.
- Prices and availability of crypto assets yang akan anda pilih.
Crypto lovers must have known and studied in such a way about how crypto works. Usually crypto assets are available in limited quantities and so will one day run out.
Basically, crypto has volatile price movements. you should choose the crypto that has the best performance in terms of price movements.
Basically, everyone will feel disappointed when everything changes course with what they expected. don't be fooled when the price goes up on one type of crypto and you don't rush to waste your assets. remember, everything must be done carefully and study every movement of the price of any crypto which is going down and up.
Believe that with passion, hard work and consistency within us, surely what we aspire to in the future will be achieved. Don't complain to achieve it all and fight to the top.
Greetings @kurza no doubt when we want to invest in an asset of any kind, the first thing we must do is a review on the project and its prospects that can support and give accurate confirmations of where we are investing our money.
Be well and have a great Christmas.
Greetings...
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Doing proper research is very important before we buy any coin in the market and I think DCA is the best way to invest in in the coins that we believe in longer-term.
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Yes, DCA is the right key to see crypto movement.
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Greetings @kurza,
Investing other than bitcoin is a good choice
keeping in my that risk is in every cryptocurrency
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Yes, that is the only way if we don't want to forget about crypto and moreover bitcoin is getting worse.
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Hi @kurza, thanks for the advice and advice, since I am still new to cryptocurrency generally, I plan to grow my stake on Steemit here and gradually I can begin to invest in other crypto tokens.
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Thank you again, this can make a memory for all of us when we want to choose investment through the crypto world. one suggestion from me for you, learn and understand when you want to choose the right time to start.
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Hello @kurza, This is true, it is very important to diversify investments and before buying other assets it is necessary to review the data of historical movements and other variables to determine if this investment is worth it and will pay off in the future.
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You're right, it's great that you have such a great experience through the crypto world.
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