What is recession(downtrend) ? is it predictable and preventable ?

By bitgold555 | A.Saleem | 27 Nov 2019



  Now a days almost whole crypto market is in it's untimely Recession phase.Such bear market is identified by clear signs of decreases in trading volume and prices while  stop-losses are triggered. in the panic our investments are devastated by selling. A recession is always followed by a rebound that includes a strong recovery in the market. During this time we commonly sit idle because our portfolios are pummeled by selling pressure. McBride says. “A recession is a tremendous buying opportunity.” “Do not make changes that jeopardize your long-term financial security based on short-term economic events,”

  "a drop in output or a slowdown in growth is known as Downtrend or recession".It is significant and meaningful when a market declines  for at least six months.

   National Bureau of Economic Research defines a recession as "a period of falling economic activity spread across the economy, lasting more than a few months."

   Recession and sudden decline in trend are not easily predictable and preventable as we don't have any futuristic Crystal ball.According to a research paper from March 2018 by economists at the IMF(International Monetary Fund).... Zidong An, Joao Tovar Jalles and Prakash Loungani, "economists don’t necessarily have a strong track record for predicting downturns before these start".The complexity of crypto trading is such that we can't figured out a clear and causal model of how things work.when dramatically things are changing;no one can predict confidently what's would happen ahead.

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bitgold555
bitgold555

...crypto trader & enthusiast


A.Saleem
A.Saleem

"You become financially free when your passive income exceeds your expenses." ~ T. Harv Eker

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