You Can Double Dip 'Cause I Know You Like Me (The Bear Market)
**Disclaimer**: If you thought that this article is about BLACKPINK or Selena Gomez, then you are wrong. This article supposedly about the sudden drop of BCH. Actually, while I'm starting to write this one, the BCH is still not yet totally on DIP. But when I'm in the midst of writing this one, it became more doomed. Furthermore, this article is not the financial advice that you are looking for, so you can click the back button. Thank you for passing by.
This one certain meme depicts the reaction of those holders who saw the sudden up of BCH in the last few days. Even though they were almost sleepy, they still patiently wait to glance the price of the BCH to reach $1,500, and it was worth it. All of us went glad since our portfolio started to grow by up to 50%, and some of us used those profits to fulfill our crypto portfolio for diversifying, or you either used it for your personal wants. On the other hand, that day was also the start of breaking the all-time high of the cryptocurrencies that they are holding such as Bitcoin, Ethereum, Dogecoin, Cardano, and other cryptocurrencies who reached their ATH through this month.
We are all laughing when they didn't trust the real essence of BCH. Other investors or traders mocked that the real Bitcoin has no future, and I guess that they poorly missed the chance to gain profit. It's not their lost, though. Moreover, we can't blame those impatient people who were not persevering to hold their assets. Few of them withdraw all their BCH, but look at the result of their decision. Honestly, we felt bad at the decision that they have done, but we can't go back the time. The only thing that they can do is to hold their fiat and wait for its dump.
On the other side of gaining profit, you might also lose a lot of dollars on just a snap if you will buy a lot of cryptos while their price are still on pump. But as a wise crypto enthusiast, you will gradually buy on its dip. A a matter of fact, a lot of noise.cash users were getting hyped the downtrend of charts through their posts, and they evenly made a humorous joke that it's time to shop of coins while the famous shops on the Philippines such as Shopee or Lazada were celebrating their pay day sale. So supposedly, a lot of investors claimed that it's their chance to buy Bitcoin since Elon Musk made some tweets about Bitcoin mining. If you were curious about what I'm talking, I'm pertaining about the last few days and not yesterday, so there would be no misunderstanding. Commonly, when the price Bitcoin drops, it's obviously the same on how much the market became bloody. Almost all the crypto that we are holding were doomed but I have an altcoin which I couldn't believe that it will rise up. This crypto that I had mentioned is none other than ADA. This is one of the horrible mistakes that I did so far. So since I bought Cardano at the price of $1.3, and it became $2.2, I didn't take myself a doubt if I will sell them or not. As a result, I sold my Cardano into halves and I transferred it to Bitcoin Cash. Apparently, the Bitcoin Cash was on dip way back then, and I didn't be hesitated at the results that I did. But as the time goes by, the price of Bitcoin cash became even more bloody and also the crypto, altcoins and shitcoins that I bought. Relatively, they are all dump. My life is a dump like an airplane crashed on the ground and I'm anxious like Olivia Culpo's energy on the last Miss Universe pageant.
The noisiers that fell down on Earth asked if the cryptocurrencies that they are holding will be on crash just like what happened through the previous years, and they responded by leaving a comment of “NO”.
As a matter of fact, I evenly made a meme about the BEAR month that we used to since I saw a lot of virtual currencies that were on dump, and I got a lot of hearts when I posted that. But wait, there's more...
**THE PRICE OF CRYPTOCURRENCIES EXTREMELY DROPS!!!!**
As you can see, the volatility of the cryptocurrencies which are good for investment started to drop like a missile bomb. Moreover, we can say that the cryptocurrencies that we are holding were like a giant. A giant that is currently sleeping (talking about the little dip), but one mortar woke him up and down the stick of its lever then the giant became even rage. In closing, I'm also affected on it's dump and uncertain feelings that I should not feel started to show up like an obsessed soul. Admit it or not, our portfolio drops by up to 10% and uncertainty feelings were started to blow up in our mind. When the BCH started to drop before it's major drop, I decided to temporarily close my E-Load business and post it on the wall. Moreover, I explained to my mother why I should stop my E-Load due to it's volatility. But, I still need to give her ₱100 per week. So since we are almost at the end of the article, I decided to use it as my conclusion on my non-sense talk show. All of us learned on this incident. On my perspective, what did I learned after this incident? **Withdraw some of your profits**. Don't hold all your BCH or other cryptocurrencies because you want to earn more profit. You must also withdraw it for personal use and don't forget that you will stake your profit if you will hold it again. **Do not withdraw all your fiat money.** In case of emergency like this, you must analyze and see it for yourself on what consequences that you will face if you will face it. Remember that you are the one who are holding your money. **Do your own research.** Personally, I'm only doing hulalysis and I like to listen to hear at the words of the hearsay which is prominently bad. But I didn't say that I must be a role model huh. **Hold on for dear, life.** If you want to earn more money, you must hold it for the rest of your life. But since I do not have any business which I can use for gaining revenue, I have no choice but to withdraw some of my profits for my E-Load business. **Trade at your own risk.** We know how much dangerous the trading is. The cryptocurrencies is not always at the green. We will also occur to the point that we will encounter the red market. So trade what you afford to lose. **Lastly, don't forget to BLASH.** Buy low and sell high. Let's chilling like a villain, yeah ra ra ra. Thank you for reading.
**Link**: https://noise.cash/u/boringwriter
7 comments
You may know the reason why this happen.. As crypto market is volatile but this kind of volatile is really rare when BTC get down almost $20k within two days like myth 🤦♂️.. And in this case other altcoin is nothing and no chance to be stable in the position. Anyway, a post on 4chan said that china company or some Investor buying bitcoin as well crypto in dip.. They are planning to keep the pump till $70k.. But who know this Will be true or not but Let's hope so..
I'm not actually a fond of cryptocurrencies but thanks for this.
I am also a Newbie man🤦♂️ but we need to learn
ang galing mo na magsulat huhuhu sana all, ako walang kaalam alam jan hahaha di ko nga alam ano nangyare pero antayin ko na lng tumaas ulit❤😁😁
Tamang abang abang lang kasi sa graph haha
same here, kakasad yung sobrang dip niya. sakit sa bangs. haha. buti na lang nun nakapag sell ako nung time na mataas ang value ng BCH . IMportante din talaga na magtira at maghodl pa din kahit yung capital lang kasi BCH has a good future.
Kaya nga po naiinis ako sa mga pinaggawa ko