CRYPTO CORNER EPISODE 243
Market Analysis, Updates, News & Reviews
In today’s episode I talk about mistakes people make when investing in altcoins and what I’ve done in the past that you can learn from.
Many people are buying altcoins in this bull market, thinking that their prices will continue exploding but a lot of these hot projects are just too new and have never experienced a bear market yet. This is the true test of time. Last time we had a bear market, Bitcoin dropped by 80% and all the alts dropped even lower. Some went down by 90%, while others even by -99% and many of them did not recover well up to this day. This is a very important factor to take into account when choosing your long term holdings. The last thing you want as an investor, is to have a bag of coins/tokens that depreciate in price by 90% or more. Take a look at today’s episode of the Crypto Corner Video Podcast to find out what I’m talking about.
☝These are my opinions, not financial advice, always DYOR.
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The information contained in this article is for informational purposes only. Nothing herein shall be construed to be financial or legal advice. The content of this video reflect solely my own opinions. Purchasing cryptocurrencies poses considerable risk of losses.
All information is meant for public awareness and contains what is already in the public domain. Please take this information and do your own research.
Crypto Jargon A-Z is the most comprehensive crypto dictionary (glossary) of all the terms, acronyms and slang that you will find in crypto guides, videos, articles and social media posts. Get more than 1000 terms compiled and defined in a simple way, and enhance your knowledge and understanding of the jargon you see every day. Available on Amazon (Kindle format): https://www.amazon.com/dp/B07Y9DT3H
One thought on “Investing in Altcoins Long-Term? Here’s What You Should Know…”
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