Bitcoin Is Still Wonderful And Incomparable
Image by Miloslav Hamřík from Pixabay
When Altcoins are dumping unexpectedly there bitcoin holding tight the price value above $65k and this is wonderful. It was probably my misconception that Altcoins follow the lead of bitcoin but my current crypto market observation conclude something different from the past experiences.
Once there was a crypto marketer friend told me that there is no comparison of bitcoin because it doesn’t jump to the moon over a night but gradually it moving forward and that is the quality of bitcoin that hold the reputation of cryptocurrency since the beginning.
Honestly today I was absolutely blank because market observation can cause me taking wrong decision. But before writing anything about crypto market update or news I need to enter the market. Altcoin performance is quite disappointing but worth buying when it dump constantly. My last mistake was buying high and now holding it more than a month.
Definitely holding crypto coins has potential but bitcoin holders are the real gainer, I believe! I thought bitcoin will be down to $60k in next few days and this can be my current price prediction on bitcoin. Down market always an opportunity or offer for investors and we should hold some stable coin to buy dip.
Buying dip and holding for big pump can bring the big profit and whoever experienced this kind of crypto trading with big investment, they are the real gainer in crypto market. Constant trading is only can possible when you’ve always some stable coins in your wallet to buy crypto on crypto down market time.
Anyway, bitcoin performance is wonderful to me as always. I don't recommend to buy or sell now but waiting for next move can help investors. This is not a piece of advice, this is my personal conception on bitcoin.
Thanks For Stopping By!!
If all altcoins follow bitcoin means no need to diversify portfolio like for example think that everyone could understand English while some people doesn't understand one word in English, it could in same time Bitcoin decreases while some other altcoins increase in price.