Bitcoin Can Be Compared To A Sleeping Panther
Image by Pete Linforth from Pixabay
Altcoins inviting investors to invest on it. The price value of Altcoins getting down when bitcoin price is stuck on $67k to $68k price value. According to my recent prediction the price value will get down. For me it is getting tough to enter my crypto wallet because my asset value reduction rate is scary. But the good price value of bitcoin is a hope in the market. As the price is still above $65k and it seems a sleeping panther that will wake up and run faster on bull market.
Why people named it bull market? It should named panther market as it run faster than the other animals, LOL! Jokes apart, bitcoin is sleeping and before a long run or jump it can move a little backward. This is the result of my personal market observation, not necessary that it will be accurate. Crypto is a subject of my thinking, research and observation so I imagine a lot of things about it. Not New necessary every thinking will be logical and realistic.
Sometimes having entertainment is also necessary especially when market is down and can cause frustration. Honestly, I don't get frustrated like the past because I can afford to hold untill my coin hit the desired price value but the time I'm investing, it doesn’t worth it. The day I'll invest big, the time will worth it because the gain will be satisfied. For now I'm staying away from entering crypto market thousands of time in a day. Will enter only when I want to observe the bitcoin movement in the market.
If you are a bitcoin holder, you can relax! If you are a bitcoin investor, you are the luckiest. What if bitcoin price get down below $20k as it was in bear market? Investors will jump on it to buy more bitcoin and this is expected. Market constantly offer investors to invest and Altcoins right now inviting investors. My coin price is down and I was expecting a pump. Now my waiting period going to be longer than a month!
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First time a person see an event it has a good influence or something scary but by the fact of experience he has experience so he could handles loses or increases wins unlike someone blue in the domain.