The current dip and its possible causes and future

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Avatar for maani
Written by
2 years ago

Let us just explain crypto and block chain trading a bit in order to explain the dip and the rise of a coin

The technology behind crypto trading:

The technology behind the crypto trading is the blockchain technology learning this technology completely in short articles is never possible as now there are universities offering BS in blockchain technology as everyone knows this is the future economy and the currency. Basically this is the chains of interconnected blocks the blocks that keep the data of online transactions of different coins.

The Dip and The Rise of Coin:

So basically the transaction data of a coin decides the future of coin when the investors show their trust in a coin and buy the coin it rises and when the trust of investors gets at stack or sometimes when few investors(the homo dues of crypto my previous article) want to dump a coin they sell their big investments or creating an unbalance situation in market.

The current dip:

There can be numerous reasons for the ongoing dip and the main reason is there is a fear amongst the investors as it is said when there is greed the people get afraid and the fear forces them to withdraw their investment making the coin fall. The previous rise in BTC a few days ago made the people earn a lot and created greed in market so the investors out of fear get their investment out of coin and the coins fall. Another reason that is more specific to the world right now is that the Omicron variant is scaring people and they do not want their money in volatile assets when they believe there is a high chance that they will lose their money.

The Future:

I personally think the digital currency is marathon and the the instantaneous speed doesn't matter in long run and believe me crypto will rise and this dip will end. Although no one knows how long will it take to get its position back because when the investors will trust back the coin can be assumed and no one can give any kind of guarantee. But I think that one buying BTC right now will earn a lot and market in near future will be the proof of this article.

In the end I would still suggest if you are confused and dont know what to do then do one thing take a break and wait for a while dont trade enjoy with your family and when you feel back that the market is stable comeback and rock.

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Avatar for maani
Written by
2 years ago

Comments

I have find way best to deal with the dip. buying some stakeable coins like AWC token will be good to deal with volatility. I think, this is another good opportunity to buy more AWC token. for info - https://atomicwallet.io/token

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