They buy when a cryptocurrency is at a high, sell when the price plummets, and then miss out if the price bounces back. If the price has dropped and you no longer think the cryptocurrency is a good investment , then you should sell. However, a price drop should never be the only reason you sell.
Read moreCan I lose money in Bitcoin?
Can you lose all your money in bitcoin? Yes you certainly can . Crypto is very risky and not like conventional investing in the stock market.14 Mar 2022
Read moreWhat are the risks of buying Bitcoin?
Risks of Using Virtual Currency
Read moreIs Bitcoin a good investment?
The high liquidity associated with bitcoin makes it a great investment vessel if you’re looking for short-term profit . Digital currencies may also be a long-term investment due to their high market demand. Lower inflation risk.
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