Red Candles On Crypto Market Made Me Happy
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This is the first time when I'm happy with the current crypto market down. Desired price yet to come but almost there. The altcoin I target to buy is -2.81% down and showing red candle. This time I've stable coin to buy my desired coin and I've set a buying order. Hopefully the down fall of price will help me to accumulate more coins and that's my aim of trading this time. I'm trying to recover asset that I lost for experiencing scam. And you all know that.
After having the desired amount I'll keep trading with all asset but will divide them according to my preference. Regular trading is not that easy, it is for small profit and risky too. Risk only when we are unable to wait or hold coins. Sometimes wait could be longer and regular trading plan can be fail. Choosing the right coin is important and trading shouldn’t be the reason of regret later. Bought some when the price down start and holding it for the price pump.
Balancing on trading is important and we need to have stable coins to buy crypto when price is lowest. Most of the time I take high risk and invest all my coins to make profit but this is not wise but at the same time if trading goes right and the risk bring profit then the decision can consider right but as I said it has high risk for small gain. Decision over to you because personally I trade with high risk because I need to recover my lost asset faster and waiting is painful to me.
A little more down and I'll be able to have my desired amount of crypto asset and I'll wait for green candles in the market again. The down price is closer and if it start pumping then the dream of having more crypto asset will take time to come true. The performance of bitcoin is pretty impressive because it is holding tight the 28k price and the downfall is -1.44% according to Binance wallet. Last night it was 28k and not losing the price value for long time. But it has high chance to go down to 27k soon.
There are two parties predicting two different future about bitcoin price. One party saying it showing the sign of bull market and other saying bitcoin can go down to $20k before the bull run in the crypto market. God knows which one is correct, as a trader I'm going with the flow and will keep continue trading until my coins stuck. This is the first time when the market down allowing me buying desired amount of crypto coins.
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There is a lot of good and reputable coins which make such decision harder because you have to choose between Solana and Cardano and ADA and MANA and GALA or even there is profit expected in MATIC or Tron.