How Much More

The question every Crypto holder or trader is asking themselves or even others now is how much more this market can go low. How much more dip is still there for us to experience, lol. Woke up in the morning accidentally clicked the Crypto exchange app icon and saw the huge dump again in Cryptocurrency. Ah, I was avoiding it for a week. I guess it was my fate to click on that app.

Well, somehow it turned out to be a good thing, as I had made a buy order of Bitcoin Cash around 110$ and a bit low there a few days ago as I'm currently following the 4-year bull run and bear run pattern (I will write about this soon). Which indicated to me that this year the market will be negative and can be on the positive side at the start of the new year or maybe even in the month of November and December this year. You can search more about this Bull run and bear run pattern as for 3 years of Bull Run it has followed the same pattern. Though to predict the All-Time High and All-Time Low of a Cryptocurrency is nearly impossible as many news and activities involve pumping and dumping them.

And in this bear run ( according to me ) as still many experts don't see it as a bear run. It showed the faults and reality of Centralised exchanges and some shady high percentage return projects like Celcius.

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The price of Bitcoin Cash is in two digits now and the major faulty one is Coinflex and there's a controversial issue going on with one of the great BCH promoters 'Roger Ver and 'Mark Lamb' CEO of Coinflex. You can see detailed information in Pantera's article. I have used Coinflex twice or thrice, the experience was pretty good.

The saying "In hard times people show their real faces" is a true saying". As during the dump market, we saw many exchanges like Binance, and Coinbase suspending withdrawal for some hours or a day. This shows how much power we hold in centralised exchanges. They do these types of foul play as there's a lot of whale manipulation going on in centralised exchanges and in times of bear market they stop or halt people from further trading to avoid a bigger dump in their selected coin. And some of the exchanges give loans to huge whales and in times of bear market, they use people's funds to provide liquidity. Just like in politics or business the centralised exchanges have lots of ways to make and save money both in the Bull and bear run. And common people like us should be aware of this type of inside Manipulation.

Unless and until I need to cash out or do trading, I hold coins in Dex wallets. They are not that easy to use like exchanges but there you won't face problems related to the suspension of trading of a particular coin or token. I currently use Trust Wallet now.

I'm writing this at night I got busy partying today, haha sorry for not visiting anyone. And till the morning I hope we will see the three-digit price of BCH again but hey, as I told you don't panic and expect to see a few more dumps and two-digit price again. And remember Cryptocurrencies have a history of going up and down. Those who sell at high are the ones making most of the profit.

Note:- Obviously this isn't any financial or investment advice. And you better research yourself in whichever field you are entering.

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