Leofinance contest #2: How often should you buy and sell crypto?

in #hive-1679222 years ago

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How often should you buy and sell crypto?
From my point of view there can never be a static time to buy and sell crypto. This is because the crypto market isn't stagnant which means at any time the price of crypto can rise and can also fall at any time.

But it has always been normal that whenever the price of crypto drops it becomes the best time to buy so that you would be able to get a good profit when the price eventually begins to rise again.
This post tells you how often you should buy and sell crypto
There are ways newbies can buy and sell crypto easier for better understanding.

Like I said I am writing this based on my own understanding on crypto and also on what I have read on articles and also what I have watched on YouTube about buying and selling of crypto currencies.

Quote@hitmeasap talked about how DCA (dollar cost Averaging).

Currently since the drop in many crypto currencies came on HBD have been okay which has not made many HBD owners to think of panicking. But for other crypto there have been panick in selling especially by newbies because they are not patient enough to hold on. The fear is that the crypto might crash while the old legends confidently buy more at this point because they are confident that some crypto like bitcoin might regain its stand in the crypto market.
This is advised when you have crypto currencies that have high potentials of gaining they stand back at any time.
I was encouraged to join this contest by @henrietta27 who reblogged this contest.
I am not too new to the crypto market but not too experienced I would say and that is why I will always say one should buy when ever they feel comfortable to do so because in crypto money lost might not be easy to recover especially when that particular crypto currencies has no feature.

Finally I want to that @hitmeasap who put up this contest to help people to contribute to the leo finance community

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