Crypto: Still a good idea?

's worth it to buy and hold to take advantage of fluctuation in prices later on. but not right now. why? it is the highest since 2017, bad time to get in now unless you can deal with losing half the value in a week.'s worth it to buy and hold to take advantage of fluctuation in prices later on. but not right now. why? it is the highest since 2017, bad time to get in now unless you can deal with losing half the value in a week.

12-11-2020, 02:44 AM

SreazYT Wrote: Hey everyone.
I Want to start maybe investing in crypto, is this still worth it?
And should i start mining myself is this still profitable?
want to hear some more experienced people

BTC is still a good idea

There are very large fluctuations in crypto and also some brokers are unreliable. I think BTC is here to stay but you can only invest what you can afford to lose since the risk is great.

There are a lot of coins floating around. Not all of then are good, but not all of them are bad. You've really got to do your research on anything you plan to invest in. Crypto currencies are no exceptions. I've personally made a few hundred through the major ones. That was just through small investments that grew over time. I started with smaller amounts across a few coins, some inflated heavily and a few other dropped. I just sell when I go over 20% and wait on my other ones to balance out or turn a profit later on. Sometime I get real lucky and cash out at 50+% but that's more rare unless the coin is unstable.

Depending on what you plan to invest on, it doesn't ever hurt. I think that if the pandemic continues on, prices will continue to hover around where they are, if it continues for longer periods of time, then it'll be rising again. People are stuck at home, still needing to make money, and some people have been killing it in crypto lately.

Crypto is the best of ides my man. It will go to moon in 3sec. Trust me my uncles boyfrineds dad invested in etherium and bought a house from the profit. I still live in that house to this day.