I believe sine 2018 for me is a accumulation year and if you have the resources to do that, that's exactly what you should do and wait for the reversal market cos I too believe it will come.
2018 is indeed a year of accumulation, but it is not always gold that is accumulated. What if we accumulate a pile of garbage?
I am not worried about the future market of crypto. I believe that the future of Bitcoin, Ethereum and other mainstream coins is still bright. The most worrying thing about me now is that many altcoins will likely never return.
accumulating a bag load of shiit coins will probably means throwing your money away, no one can actually tell if we are out of bear market because of too many controversial post regarding bear market and when the bulls are likely to return,
some believe till 2020 before we can witness another bull others think it will happen this year, whatever the case, only accumulate those alts with great active team and with solid development process,
crypto has recently been recognize in the mainstream media and global adoption is gradually gaining ground, in my own case, i would stick with only few notable alts to ride the bulls when the time comes.
agreed. don't go and bag up on loads of different coins. choose the ones you think are good.
but, it is worth taking a couple of coins and bagging up if it means a small financial risk as you never know. an example of what i did in 2017 is this, i saw colx just before it relaunched and it was 0.00000001 each. i bought £345 worth which i think was about 3.5 mill coins if i remember right. within a week i sold them and got £10k. crazy times. i do kick myself tho as i could of bought many many more and made a million. so ,yes it is worth taking a small risk on some low value coins right now before another bull run. that bull run could be this year or more likely in 2020 or beyond. just hold them and wait. many many people have become millionaires by waiting. my friends and family kept laughing at me since 2013, saying why are you messing about with fake money, it will never be worth anything. the nlast year when i paid my mortgage off they all wanted to invest. i told them not to,they had missed the boat. now,all the boats are back in dock and you should all be getting on the ones you like.
funnily enough all those friends are now not interested in investing again as it's a risk. some people never learn i guess
Lol! I have also experience it, i first invest in crypto in 2016, waves ico was my first encounter with ico's, was a complete noob, didn't have much cash as i was a student then, but still manage to invest a few $, forgot about it for almost a year, next time i check my wallet, couldn't believe my eyes
I never gave it a thought after the ico, i even saw it as a loss because there was no increase in price, but it was eventually a sweat surprise
Since then my journey with crypto begins, and am always glad i let my curiosity took me to this point, yeah, its always good to buy little gem that will put a big smile on your face at the end
And you did hit a jackpot with that investment you made Damn!
