Why Some Crypto Coins Are Still Sleeping When Bitcoin Rocks!
Image by Coinstash from Pixabay
Last night bitcoin price hit $73k and it was more than my expectation to it for recent price pump. But the coin I bought still sleeping which means not even closer to my buying price of it. The answer could be in the history of these sleeping coins. A few months back when bitcoin price was pump these sleeping coins were not pumping or performing like bitcoin and remain down.
Suddenly bitcoin price start falling down at that time and these sleeping coins woke up which means pump unexpectedly though not as highest as it was. But the pump was temporary and it get back to down again and again. So what I want to say and what I want to do, you can guess right? Yes, you get me right I'm waiting and will keep waiting until the price of my coin hit more than my buying price of it. We are closer to a new month.
This month my gain was not nil but not enough satisfying too. I took risk for a day crypto trading and gain a little and separate it to my funding. It was coin accumulation not stable coin gain. The coin I want to accumulate is not the coin I'm holding in my wallet right now. But my waiting period going to be more than a month now and I'll definitely switch coin as it was in my plan at the beginning.
The pump of bitcoin make me optimistic and definitely encourage me to be a crypto investor for long time with proper planning. The accumulation of my crypto coins is on waiting or hold mood but I'm not hopeless at all because I'm confident that sooner or later my coin will be sold with profit. If I can’t afford holding then it could cause loss as I had in the past. So I don't want to repeat my previous mistakes. Hope you also holding for something big or great.
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