There are a lot of people on the cryptocurrency market and everyone who invests wants them to increase, but of course not everyone earns money on the market. But is it possible for everyone to be at least in a small plus and what should happen for this?
Can everyone benefit from investing in cryptocurrency?
- Thread starter deucher
- Start date
No, it is not as easy as it sounds or as it appears but it required a lot o research, and knowledge. I myself faced so many times marked loses because we can't exactly predict as whether one cryptocurrency will go up or down.
Investing on cryptocurrency is one of profitable investment plan on the online world but the thing is not everyone get profit from investing on crypto, that is because cryptocurrency is very risky investment plan and the rice of most crypto coins are highly fluctuating so it is very risky.
In principle, investing in crypto is the same as investing in other assets such as gold, shares, etc., buy at a low price and sell at a high price, very easy, right? but in the world of crypto prices can change in seconds, so people who panic can sell crypto at low prices so that they make a loss, also investing in crypto requires strategy and goals.
I doubt everyone would be able to benefit from investing in crypto though, cause the truth of the matter is that not everyone is going to Invest the same time, not everyone have the same amount of patience or even risk tolerance.
