With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
I just hope you haven’t been gathering all the wrong information that would allow you to entertain fear.
Firstly, I’ll like to bring to your consciousness that Bitcoin isn’t a get rich quick scheme and it’s advised that you invest with spare money, not because your going to loose it but, to give you that freewill about your little inputs as investment.
Haven’t said that, there isn’t any definite time for the bulls to come into the market although, available statistics of how long it took the bulls to push price towards an ATH after a halving is roughly a year and few weeks.
You just have no reason to be scared about making profit, it doesn’t matter if price dumps, just know volatility is a part of the market and it would rise when the time is due. What you need is patience not to liquidate your asset based on current market situations. Instead, buy when the market is low.
When you say coin in OP, hope what your referring to is Bitcoin otherwise, all that I’ve said so far doesn’t apply.