A Crypto Holder Here, What About You?
Image by Eivind Pedersen from Pixabay
November just begin and you can see the red candles in crypto market. Recent green candle made us believe that was the beginning of entering bull market but it was a temporary pump. Bitcoin price is below $70k and Altcoins are getting down too. This is a month now and it would continued until the my crypto coins will get back to the desired price or I can say until the price of Altcoins get back to the normal. Waiting is fine when we have alternative ways to make money and our financial condition is pretty good.
Sometimes it came to my mind that a risk taking could increase my crypto asset when market was green but whenever I sell my crypto, the price of it pump high so I hold crypto and patience both when it was green. Again my crypto asset value reduced and it looks frustrating to be honest. But I'm ready to wait more and I want to see how long time it will take to get back to it's normal price value. For me normal price value means the buying price of crypto.
Crypto market is open for buyers so whoever planning for buying, go ahead. Today's buy will be definitely profitable even when it will get back to the normal price value. If a buyer of today can wait for bull market then gain can be surprising. I always plan big, aim big but get desperate and at the end I either gain small or lose. Bitcoin is not yet below expectation on current crypto market season but Altcoins are down and investors can give it a try though I always recommend bitcoin to buy to avoid probable loss.
Whenever market shows red candle, I regret that I should wait for it but I bought high and that cause long time waiting. Still holding but I aim to take risk in this November and aim to accumulate more crypto if possible. Last year I lost my earning not the gain from trading. I lost for scam attack not for market down. But next time I aim not to repeat my mistake so I buy crypto and hold it for the price pump. Altcoins may follow the lead of bitcoin and crypto market may surprise us with a big pump. With this hope I'm holding!
Thanks For Stopping By!!
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