The recent freezy in the world of crypto has led a lot of newbie’s into what I tag as “a state of Panic”. This panic is mostly affected by the newbie’s who do not understand that the crypt currency sphere has two seasons. The first and the second season must happen for the sustainability of the market and if these two seasons do not come, then there won’t be any need for technical analysis or any study of the fundamentals which predictors study to know the movement of the market at any given time. For any newbie who just joined the crypto business, this period will make it very hard for them to recover their investment especially those who bought during the pump. I am writing this article in a bid to inform every newbie in the crypto world to understand that whatever they are witnessing this time around is part and parcel of the crypto sphere. The truth is that one cannot separate the two seasons because they both work hand in hand for good.
The Expectation
It is common knowledge that most newbie’s and even some older persons who have been in the world of crypto expect that the market will always be green. This expectation is caused by the singular misunderstanding which they have about cryptocurrency. Some see it as a get quick rich scheme, some see it as an all profit and no loss business while others see it as an easy way to make money. For all of these reasons, they build their understanding on it which makes them forget the most important part of crypto which is the two seasons (Bull and Bear). It may interest you to know that this set of people do not understand that both the bull and bear market can make one rich if the person has a good understanding of the market movement. For those who are into spot or futures trading, they are not feeling the dip because all they need to do is to study the market to know if it will go deeper and if they find out that it will go deeper, they will just go short instead of going long. What this means is that they are always at a profit in whichever season the market goes. This is why a lot of people are making effort to get into spot or futures trading. As a newbie, why not see crypto in the same way you see other business ventures where the rise and fall of price do not mean the end of the business.
Predictions and Speculations
This is the very knife that slits the guts of every crypto enthusiast who does not understand that market predictions and speculations are not %100 certain. The technical analyst will study the flow chart and every graph that is there to study as a means of knowing the market movement in the possible predictions but at the end of the beginning of his speculation, he will say “this is not business advice, do your research”. Why haven’t you bothered to know why they will always tell you that their predictions are not business advice even as they sound very certain or sure of what they are talking about. It is because they understand that a single announcement from a country like China can change the market flow just as we have seen in recent days. Have you ever imagined what could happen if the Chinese government should announce that they are adopting BTC as a means of business transaction in China?
I believe you know what the outcome will be. Certainly with such news the market will experience an uptrend that will shut down every prediction and speculations which has already been made. Now, as a newbie or someone who has been in this crypto sphere, you must understand that no matter the level of expertise or professionalism of those who are predicting or speculating about the market flow, there is always this possibility that their predictions may not be %100 certain. This is why you should not allow mere speculations to control your existence in the crypto world %100. Do you understand what I am trying to say in this article? It may be very easy for someone who has been in the crypto sphere to understand the above explanations I have made but for the newbie’s, it may be difficult but I wish they will understand.
Buckle Up
You heard me right yes buckle up cause what I am about to tell you will not make you feel better but you have to understand that that is how it is going to be. Can I tell you something, the truth of course? The dip is going to go on as far as the end of June so they said, but do you believe them? I bet you are wiser now to understand that every speculation is nothing but speculations and that anything can happen. Without you understanding that the market can get volatile at some point, you will be acting out of place whenever you hear any prediction or speculation which will make you lose your guard. This does not mean that you should not do your research about every project you want to venture into because you might be getting into a rug pull project. Don’t think you can do anything by assumption in the crypto sphere because one single mistake can lead to your bankruptcy. They will surely predict and speculate but the market can either go the way they predicted or not so do not let their predictions catch you off guard. Always use your sixth sense whenever you want to make any business decisions.
The truth is that the dip is part of the market flow and I want you to understand that the Bull Run is at the corner. Be strong and keep your head up, we are going to make it. Don’t give up.
[Sponsor]
