I've been hearing a lot about cryptocurrency lately and I'm considering investing. But I'm not sure if I should hold onto it for the long term or not. What do you think? Should I hold crypto long-term or should I trade it more frequently?
5 answers
Skywalker
Sat Mar 30 2024
Cryptocurrencies, still considered relatively new in the financial world, exhibit extreme volatility.
EmmaWatson
Fri Mar 29 2024
This volatility means that the value of these assets can undergo significant gains or losses within a single day.
lucas_jackson_pilot
Fri Mar 29 2024
The long-term trend towards growth in the crypto industry is promising, but skepticism and opportunism persist in these markets.
ZenMindful
Fri Mar 29 2024
Given the inherent risks, investors are advised to follow the golden rule: "Never invest more than you can afford to lose."
NebulaSoul
Fri Mar 29 2024
Among the various platforms dealing in cryptocurrencies, BTCC stands out as a reliable exchange based in the UK.