The definition of trading and investment has been changed at this point of time, people are being crazy for trading so they choose something which can gives higher and higher return in lower and lower time, just apply your common sense, could it be possible? Well yes, but with high risk. Now a days you can multiply you money not only ×2 or ×3 but ×100 or ×1000 in less than one year of interval. The question is how, just see the chart of Dogecoin of last 1 year, you will see the rise of 20,000%, it means if you had invested 1000 inr 1 year ago now it would have been 2,00,000. We can easily spend a thousand of rupees over new arrivals, parties and fun but if you could have invested this much of amount that time now you would have 2 lakhs. But people don’t do, if they, they try to put on intra day. We are loosing patience to hold it. Let’s take an example of any coin which has some good fundamentals and proof of work, you would see the rise only over a period of time so it’s good as an investment option if you’re thinking of a long term but it would be a risky if you’re thinking of a short term so, choice is yours.
So, how can we make benefits from this crazy time, one quotes is very famous which is “buy the rumour sell the news”. It means when there is a rumour in the market the many people like us starts pushing the graph upwards and when news come market is already at its all time high so the bull will withdraw plenty of amount from it and market crashes. So what we learn from it, whenever trading market goes up it goes up due to rumour because rumour travels faster than the news so when rumour comes we should also buy but once it’s at peak, peak value can be analysed by watching past number of peaks or a resistance line drawn pointing to each peak covered. So whenever it’s at its peak we should book profit and whenever crashes we should wait for the rumours to travel.
So, Investment is good option you you want to be financially free but invest in a good market by analysing it’s past records.
Wise Words 