This decline continues to this day. although in recent days, the price has increased. but indeed this is what often happens in trading, including in cryptocurrency trading. therefore we should use the funds we have to buy alt based on our trading instincts, not based on emotions
Buying altcoins must be based on potential and conditions, because currently the market conditions are in a bad stage, so to choose an investment you must really focus on the conditions and the ongoing hype, indeed at certain times the hype does not work as we want, but if we can take advantage of the hype, the investment will generate great value, I think the investment should be based on returns and the opportunities that exist
people invest certainly have a basis that must be known, as you say it's true. Don't buy randomly without having a potential basis, conditions must be understood. Of course, for me, this can be played in the short term with the size of the chart in terms of conditions that clearly benefit from the hype, although it's not easy..?
As long as we can take advantage of it, sometimes the hype will make a profit, but we don't always get conditions like this in the market, this moment usually only appears once a week, coins like this can usually be used in the short term, because in not long the hype will just disappear in the market
This decline continues to this day. although in recent days, the price has increased. but indeed this is what often happens in trading, including in cryptocurrency trading. therefore we should use the funds we have to buy alt based on our trading instincts, not based on emotions
Buying altcoins must be based on potential and conditions, because currently the market conditions are in a bad stage, so to choose an investment you must really focus on the conditions and the ongoing hype, indeed at certain times the hype does not work as we want, but if we can take advantage of the hype, the investment will generate great value, I think the investment should be based on returns and the opportunities that exist
To be honest I like this advice better than the guy above you because you are basing on potential and condition while him he based on instincts. Instincts can be the same as predictions, they are not accurate. Market conditions now are in bad shape and price is now dipping so it's perfect for buying but hypes are a different thing, hypes means something positive.
It's a risk if we buy because of hypes because once the hyped died down, the coins that we choose can also go down. You can't go wrong if you choose coins based on their potential because no matter what is the status of the market (up or down) coins with potential can still go back at the up or can rise more.
That's what I said why hype can run according to conditions, but not infrequently the hype is followed according to the market, using instinct is not always right, because the market doesn't follow what we want, but talking about hype is an opportunity, if this can be exploited, then it's already surely the coin will strengthen according to the running hype, at certain times I have taken advantage of hype conditions in carrying out investments, and finally it is profitable for me
