facebookDo you think cryptocurrency like Bitcoin, LTC, ETH would recover or ever go high again? Is it wise to purchase when its already so low? - Seedly

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Anonymous

15 May 2020

Cryptocurrency

Do you think cryptocurrency like Bitcoin, LTC, ETH would recover or ever go high again? Is it wise to purchase when its already so low?

Discussion (16)

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Came to see how well this question has aged 😂

Hope you accumulated some crypto over these years and are doing well, otherwise, no time is too late when it comes to learning.

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I think there will always be desperate people who fall for ponzi schemes, especially in times of economic uncertainty, and so there will likely always be a demand for cryptocurrencies like bitcoin that have zero intrinsic value.

I don't think it's ever "wise" to purchase such things with an expectation of profit, just fun to purchase them with a hope of profit – just like throwing cash onto a blackjack table. If you're going to do that, it doesn't really matter when you do it – just gamble with however much you can afford to lose and keep your fingers crossed.

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To me it does...

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