BTC Was Up By 6.47% In The Past 24 Hours
Image by Eglantine Shala from Pixabay
Binance notify me about bitcoin and market is showing some positive result. One of my crypto observer friend made me a little confused because he was telling that bitcoin hit $65k over a night when my observation says bitcoin was below $62k in last 48 hours. He was asking if I'm holding any coin but actually I'm not holding and waiting for buying and still waiting for it.
This waiting is far better than waiting for pump. But as you know whenever I buy crypto start dumping and whenever I sell it start pumping and now it is pumping LOL. Holding crypto that was bought at high price is painful to me because I feel like I'm wasting time for small profit so if I wait for buying closer to deep and hold it for price pump at least closer to high price then it worth waiting. This time I don't want to see wasting my time and money so I decide to wait for buying.
Sooner or later crypto market will show red candle and this can be a great opportunity for us to increase our coins as the lower we will buy the higher chance to gain more asset and last few weeks I'm following this strategy of trading. It could be successful if I won't get desperate to take risk. Risk taking deserves appreciation but make sure you are not taking high risk and may loss asset or money like people lost their everything in gambling.
Trading is always for me a business because here I buy crypto which can compared to goods or products that either I'll hold or sell for profit. I do spot trading which is a kind of business to me. But whenever I get greedy and take high risk, I only waste my time and wait for long that doesn’t worth it. So buying deep is great and wait for it will guaranty profit on next pump. So I'm waiting for my next buy and monitoring market movement especially the bitcoin price movement. Bitcoin because there are many altcoins follows the lead of bitcoin.
Thanks For Stopping By!!