Keep Observing Crypto Market

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Avatar for Shohana
8 months ago

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Right or left which way to go? Don't you know? Then take time to observe and select your way to go. Crypto market also offer us two ways and those are buy and sell but both ways can offer you to hold. Either you can hold for buy or you can hold for sell and this holding moment is the moment when we can keep observing crypto market move and how coins are performing. Gradually this observation gives us ideas that help us taking next crypto trading step.

Right now I'm holding coins in my wallet and observing to take my next trading decision. After trading more than a year my observation says we should have both crypto and stable coins in our wallet and this can help us taking right decision on trading. The problem is our emotions anbig. reed that force us to take risk and we buy using all our stable coins and when coins are dip we miss the opportunity to buy so having stable coin is necessary.

Crypto market can be surprising for coin holders and can be more profitable for those who buy on dip. Big gainers mostly invest time on observing and never get desperate to buy and sell crypto. Honestly this is something that I understand but can't apply when It's my turn. I get emotional and crypto makes me greedy too. For now I'm investing time on observing and market seems showing some positive sign as bitcoin hit $70k once again. I want to see it to hit $75k as next milestone and it is expected in next few days.

My observation help me to predict the next move of my favorite listed coins though crypto market is actually unpredictable. Regular trading is risky but it shouldn’t be random. Gradually we can buy and we can hold instead selling it for a little pump. If our desired coin is dumping then holding is a must. Holding is the key to success here but risk taking sometimes help us making profit too. Observation and holding can help us continuing successful crypto trading.

When we can't afford investing money then better we invest our time and wait for the big. Most bull market targeter prefer investing their time and money both because they aim to get big. Luckily some of my risk taking trading was successful but it was for small profit and not for all the time. Importance of observation we need to understand or else we may have to experience the loss.

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8 months ago

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