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Cryptocurrency analysts have named the statistically safest strategy for digital currencies
Cryptocurrency analysts talked about an investment strategy for digital assets that would allow you to make profits without experience in the market and without significant risks. Unfortunately, nothing has changed in the world — their strategy sounds like «buy dip sell high» (a well-known expression-advice that says: buy when assets are cheaper, sell when they are more expensive).
Let us warn you right away: this is not financial advice. The No Worries editorial team does not encourage anyone to invest in cryptocurrencies. According to analysts, the most profitable investment strategy is to buy cryptocurrencies when their value is falling. It is important to be regular and monitor market fluctuations. This strategy is long-term and works well when the bitcoin rate enters an uptrend phase (as with other assets).
The main advantage of the described strategy is that an investor does not need experience in trading to make a significant profit in the long run. Analysts believe that despite the 80% correction in the value of BTC from its ATN, investors who bought the virtual coin in 2018 or 2019 made a big profit.
According to analysts' forecasts, bitcoin may fall to $ 15,000 in the near future due to the high unemployment rate in the United States. Experts came to such conclusions after the publication of the American employment report — disappointingly high unemployment rates indicate that the Federal Reserve will raise interest rates even further. According to analysts, this state of affairs could mean a significant drop in the value of digital assets.