When Is The Right Time To Invest In Crypto?

Cryptocurrencies like Oduwacoin experience daily, and even hourly price volatility; as it is with other types of investments, this causes uncertainty, fear of missing out, or the fear of participating at all. But in all of these, how do we know when to buy, or allow our money to work for us in the digital asset world?

Gambling and investing — Know the difference

Many people believe that they don’t have gambling tendencies, and they may not happily admit it even if it turns out that they are acting on such impulses. Nonetheless, understanding one’s actions has the tendency of shaping one’s decisions, and the way one makes them.

When it comes to crypto, there is a difference between gambling and investing even though they are hard to separate. Although, both approaches attempt to make money on a chosen subject, or field.

However, while gambling involves taking uncalculated, or careless/care-free risks for desired financial goals, investing sees one putting timely and well-thought resources together with the anticipation of financial returns in the future.

The lines can, however, become blurred when thinking about crypto.

Buy the dip

To make smart investment options in crypto, one has to look at the perfect…