Image by Aaron Olson from Pixabay
Last night bitcoin price pump performance in the market made crypto investors optimistic. There was many post where investors shared their optimistic feeling on holding altcoins and they will hold until the price go to the moon. This morning things start changing as my coins are dumping and showing red candles though bitcoin price is $103k plus right now. This is one more call for investors for buying as the pump seems closer and optimistic investors and holders already sharing positive vibes in the air.
This is definitely looks terrible when a big asset value reduce but at the same time the big asset can surprise too by price pump. So waiting for it can be wise instead getting desperate like me. This morning I was get desperate and trying to convert my coin to a token and this convert could charge me around $20 dollars and I had control over my desperate decision or deal right there. Still holding two different coins. Two coins means either this one will pump or that one so better I control my emotions and stop repeating my previous mistakes that I made and learned.
Take this as another chance to buy if you have stable coins to buy some crypto. Sooner or later Altcoins will perform good or at least repeat the good price it hit earlier last month. Though most of the Altcoins I know perform really great at the beginning of a new year and gradually get down and this happened last year according to my observation. Some altcoin price was lesser than the price it had in bear market season and bitcoin was moving forward constantly. If you can afford to hold then why not you hold?
According to my last year crypto market observation, I've observed that crypto doesn’t makes us wait for long but it was me who couldn’t hold patience. Sometimes it pump in a week but I got desperate and scared of asset value losing and sold even when I could make good amount of profit from holding a little long. This happened many times in a year as you know I trade crypto constantly and sometimes taking any pause that could save me from long waiting and loss. Right now I've nothing to buy but if I had money, I would love to buy some altcoins and would like to hold for a potential big pump.
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