When you are interested in starting to invest in crypto, it is definitely one of the questions that often comes to mind - when to buy and sell assets?
In fact no one can guess how the crypto market in the future, including Bitcoin (BTC) which is currently the craze of many.
So, if you are confident with the crypto currency of your choice, try buying it in small quantities as a start.
So, when is the best time to make a crypto investment?
Warren Buffett once said; "Fear when people are in greed and be greedy when others are afraid", means investors are encouraged to buy when other investors sell (cause a decrease in the price of cryptocurrencies) and be careful when people buy (cause a rise in the price of cryptocurrencies) .
Usually depreciation will lead to the rise of assets, causing prices to rise and this is the case as investors will buy cryptocurrencies at cheap prices.
Also, a sharp spike will cause a correction until prices drop sharply. This is the nature of cryptocurrency investments as investors prefer to sell assets when prices rise to reap high profits.
You may also be more interested in buying an asset when the asset records a steady increase in price over a long period of time.
The point here is, you need to wisely devise a strategy in making crypto investments.
Do not rely too much on market conditions as it is not a reliable strategy all the time. If you make a mistake, you will have to bear the loss while others make a profit.
