Quote Originally Posted by papi smith View Post
What's unique with crypto is that it really has no value but greed. So even if you have news feeds about it on social media, all of it originated from Maritess and the spinners. If "investing" in crypto, you have to learn to read charts. It's a psych game, but then a lot of chart readers were burned also when it dropped recently. So, good luck and as always, invest only what you can afford to lose.
If you are patient enough to wait for 4 yrs cycle, you will be reaping massive gains in crypto than in stocks.
Parang may cycle tong crypto, 1 yr lang usually massive bull run.
Ex: 2017 - ETH went as high as $1400
2018 - 2020 - ETH drop to as low as $300 (if you bought this time between $300-#500 range, safe kana sa bearish season)
2021 - ETH and other crypto is in bullrun and ETH went as high as $3000 (that's a massive 1000% gain if you bought at $300 range from 2018). That is more if you were able to buy ETH during 2016 which pegged it from $10-$100 range.

But hirap i capture bottom eh, mas malaki chance maka accumulate at lower price if mag average investing during bearish season (like monthly buy). Then if it will explode again, stop buying muna or cash-out.

That gain can't easily be achieve in stocks, unless if you are patient enough to wait for 10 yrs.