vickygautam

XVGBTC - Why it doesn't make sense to sell off this one yet?

BITTREX:XVGBTC   Verge / Bitcoin
When we look at the crypto space for investment, we have to realise the obvious risk-reward ratio in play. Here in case of XVGBTC             , no matter what Mcafee has to say or fake news has to convey to the market, a simple concept is what we need to understand.

Looking at the charts, if someone had invested in XVG at 75 satoshi and they sold it at ATH             , they saw 2500% gains. There are only handful of those who could have done this.

If someone invested at ATH             looking for a bull, they have lost ~50% of their investment today and could only lose 100% of it at the most, which is very unlikely.

So you see in crypto world, it's not that uncommon to make 2500% profit or lose 100% of your investment. This is the very reason, you should be ready to lose all your money to be a millionaire!

XVG - Look for the best time to buy and accumulate. This train has slowed down to get more people onboarded. Privacy coins are not cheap if you look at other players.
Thank you good point
Phản hồi
Great assessment and logical view point, thank you.
+1 Phản hồi
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