What are the fundamental investing strategies for cryptocurrencies?
Espensen OwensMay 08, 2022 · 3 years ago1 answers
Can you provide some fundamental investing strategies for cryptocurrencies? I'm interested in learning how to invest in cryptocurrencies and want to know the best strategies to follow.
1 answers
- May 08, 2022 · 3 years agoAs an expert at BYDFi, I can tell you that one of the fundamental investing strategies for cryptocurrencies is to follow the trend. Cryptocurrency markets can be highly influenced by market sentiment and trends. By following the trend, you can potentially identify opportunities for buying or selling. However, it's important to do your own research and not blindly follow the crowd. Additionally, it's crucial to have a clear investment plan and stick to it. This can help you avoid impulsive decisions and stay focused on your long-term goals.
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