Image by Md Ashraful Islam from Pixabay
A week back I predicted that Bitcoin price could be $80k and last 24 hours Bitcoin price was at $81k and close to hit the prediction. Honestly the prediction was not the expectation. Unfortunately my crypto asset value reduced to four digit to three digit and that's a bad news or bad time to experience. This down was unexpected to me personally. Definitely a golden chance for buying Bitcoin and Altcoins too as the whole market looks red.
The beginning of the new year brought some light of hope but at the end of first month of a new year bringing frustration for small crypto investors like me. Trying to divert focus somewhere to stay relax. If you're able to buy then I must say, it's your time, take the advantage of this down market. Except holding I don't have any second opinion to apply. Holding is fine when there is a hope of pump. This down is not permanent like pump time doesn't stay forever. This is something making me feel motivated and strong at this down market moment.
When Bitcoin price get down, it looks scary like what would happen with the Altcoins? When the boss coin is down, the whole market looks gloomy and when boss coin I mean Bitcoin price is up, Altcoins also have chance to pump. Though this is a wrong statement according to my personal observation and research, because last year Bitcoin hit it's all-time high when Altcoins was worser than the bear market season. So, pumping Bitcoin hardly bring possibilities of Altcoins pump. May the green candles shows up soon.
No suggestion or advice to my people or readers because currently a pause from crypto trading is the safest decision for my asset, taking risk could cause regret and need to avoid high risk for at least few gains in the future. Just trying to make myself understand that I've no asset in my wallet and I invested it somewhere,where from I can withdraw instantly and the investment can give me a good return. Literally it's true, investing time when holding it, and time is money. So, holding is also a kind of investment and that is investment of time. That's all for today.
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