Don't be afraid, the falling is normal!
Don't be afraid of the market. Corrections are necessary for fluidity. In this case, as it fell very fast, there will be a return in averages. Soon, it will fall again until it forms a bottom. We will wait for the formation of the fund to buy. In the meantime you can buy eth, bnb, eos and btc bear tokens at binance or ftx. You can earn good money with the falls, without having to give margin, be liquidated, those things.
there is no bullish sign to come
based on the five-year chart it is notorious that there is no bullish sign to come in the crypto market...
follow your own thinking
Everyone says coins and tokens will go up! Do not believe what they say and follow your own setup and strategy. At this point, (07.03.2020 20:51) eos is looking like it's going to plummet. Others may follow suit. I recommend using leveraged tokens (eth eos and btc bear) or (eth eos and btc bull for bullish). They can be found in binance, gate.io or ftx.
not to operate is also to operate!
For traders following the cryptocurrency market, I analyze that it is important to wait for the trend to continue.
At that time, on March 7, 2020, the market is undergoing a period of consolidation.
That is, if there is no trend, it is best to wait for a greater confirmation movement.
Let's see the graphic of eth/usd.
There was an increase yesterday, but it is impossible to know what will happen, as the candle is in the middle. Wait
what do i think will happen with bitcoin?
In general, in the articles and videos i read on other social platforms, it is possible to notice that most people, bitcoin enthusiasts, forget about other new projects that are emerging.
Regarding bitcoin, we have long been in a movement called consolidation (when the market is undefined), around 6900 to around 12000.
Many articles, news sites and technical analysts erroneously speculate that bitcoin will rise or it will fall, without realizing that before that happens, it is necessary to first define its tendency.
Curious, that later these same articles, analysts, news sites etc ... go back, when what they think is not consolidated.
This is completely different from other currencies such as chainlink, which are clearly in an upward trend, breaking historical tops and deserve a bullish position.
What is my opinion about bitcoin? Let's wait for the market to first define a clearer trend either by breaking the 12 thousand upwards or breaking down around 6900, in order to maintain a higher position thereafter.
Still, it is possible to position yourself on daily or weekly charts for the trader and take advantage of shorter time swings. For the holder and the person who is starting, the suggestion is to wait.
I also suggest doing the exercise of looking at the horizon and other good projects that have recently emerged and deserve more attention. I promise to talk about them.
First publication (Why am I here?)
I am very happy to participate in this social network and share a little of my ten years experience in the financial market. I discovered cryptoactives about a year ago and have been studying them for a long time. The next posts will be about impressions that I have of the market, projects that are being developed and several other subjects that interest the crypto community. Hope you like it!