Alexandoy
VIP Contributor
The main purpose of this topic is to dissect if an investment in crypto can yield a good return on investment after 1 year. What crypto would you invest in if you are given $1,000 for that purpose? How much would the price of the crypto rise or fall within the period of 1 year. Another thing is the expense that you pay for the digital wallet and the trading agent. Last question, how often would you sell the crypto then buy again to continue the investment.
One crypto analyst said that the only way for you to earn in crypto is to watch out for the trend of the price. If you think the Bitcoin is down and will be going up then buy now. After 1 or 2 weeks when the price is up then you sell so you can earn a profit. That will be the cycle that you will observe – buy when the price is low and sell when the price increases. You cannot earn much if you will just keep the crypto for 1 y ear.
One crypto analyst said that the only way for you to earn in crypto is to watch out for the trend of the price. If you think the Bitcoin is down and will be going up then buy now. After 1 or 2 weeks when the price is up then you sell so you can earn a profit. That will be the cycle that you will observe – buy when the price is low and sell when the price increases. You cannot earn much if you will just keep the crypto for 1 y ear.