Sunday, May 23, 2021

Still "thinking" about investing in cryptocurrency? Here's some compelling reasons why NOW IS THE BEST TIME! (by the author)

 So I consulted my in-house crystal ball... ok not a crystal ball exactly, but  rather our professional investor, with many years of building and managing traditional portfolios in one of the most cut throat of environs, Hong Kong. 

Asia's largest center of finance and trade it was a proving ground like no other.   A place where careers can easily be cut short by making the wrong recommendations, or inaccurate forecasts.  Where the margin for error is thin, to non-existent.

Dorothy's analysis of this weeks market movements, and upcoming trends has been in high demand as more than 1 trillion dollars of value was whisked away from legers within days, adding  to one of histories worst days in the cryptocurrency markets.

Gloom and doom is in the air, but for long time investors such as Dorothy, this is not a time to run away, but rather to move into better positions within a market that, in spite of glorious losses, has only just began on its way toward beating earnings this year.

While we discuss various tokens to acquire, rising stars and falling ones alike, today we simply want to give some very good reasons why investors should be rejoicing:

1.  Low Barriers to enter the market; Bitcoin and other major market leaders are at record discount prices, giving less wealthy buyers an opportunity to acquire greater positions at less the cost;

2.  This is still a BULL MARKET! Not opinions but statistics demonstrate that the growth momentum has not stopped and may increase slowly at first over the next few days.  The wider market and particularly the tokens mentioned in this column will see huge gains;

3.  Weak investors are jumping out of the market adding to the chaos but briefly increasing the supply of several hard to get tokens, some mentioned in other postings in this column; as a new and developing market its inherently volatile, but not inherently hazardous when following good investment sense.  

4.  The summer is almost here, and during the summer months the growth will spurred on by several factors, including chip and energy shortages fueling price growth;  With inevitable but consistent inflationary bursts, expect chaos, but overall the crypto markets will outperform the Dow, S&M, and other traditional markets, as new ICO's, IDO's, and IEO's enter the market each day;

5.  Buy low and sell high.  If you lost money these past few days but still have your positions, don't get out now.   The patient investor wins the day, and if your in after all this chaos, you are deffinately what I would call, a PATIENT INVESTOR. 

As usual, do your homework, educate yourself about your investment, create a game plan, and stick to it after all, that's why we create game plans!






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