dennis_797
Registered Member
- Jun 25, 2012
- 76
- 11
Hi there,
I'm new to cryptocurrencies but would like to learn and invest in some coins.
Obviously, I'm well aware that this is a very risky investment, so will only be investing what I can afford to lose. At the same time, risky investment brings the largest rewards, which is what we're all here for I'm guessing!
Now, I've been checking out the charts for a lot of different shares just to get a feel for things. One thing I noticed is that almost every currency has enjoyed huge growth recently. Within the last month or two, plenty of them have increased in USD value by 10-20x. These numbers are eye-watering!
When markets surge like that, a retrace is inevitable. Many of these currencies have since dropped back down by quite a lot. Perhaps a 50%-75% drop.
That means that the coins are still around 5x more expensive than I could have got a month or two ago. Yes, these currencies have growth potential, but it's difficult to buy something when I know how much profit I've missed out on! In other words, I worry I missed the boat.
So I'm wondering, where is the best place to find out about more speculative shares that haven't had their growth explosion yet?
Or if anyone has any tips, I'd be very appreciative!
I'm new to cryptocurrencies but would like to learn and invest in some coins.
Obviously, I'm well aware that this is a very risky investment, so will only be investing what I can afford to lose. At the same time, risky investment brings the largest rewards, which is what we're all here for I'm guessing!
Now, I've been checking out the charts for a lot of different shares just to get a feel for things. One thing I noticed is that almost every currency has enjoyed huge growth recently. Within the last month or two, plenty of them have increased in USD value by 10-20x. These numbers are eye-watering!
When markets surge like that, a retrace is inevitable. Many of these currencies have since dropped back down by quite a lot. Perhaps a 50%-75% drop.
That means that the coins are still around 5x more expensive than I could have got a month or two ago. Yes, these currencies have growth potential, but it's difficult to buy something when I know how much profit I've missed out on! In other words, I worry I missed the boat.
So I'm wondering, where is the best place to find out about more speculative shares that haven't had their growth explosion yet?
Or if anyone has any tips, I'd be very appreciative!