Pixabay

Cold Crypto Market: Buy Or Hold


dc17f43b6cb8798752030ebd0dc762a8e8cd391f9a2330ccb0379ba2ea57f018.jpg

Image by vjkombajn from Pixabay

 

Holding Bitcoin Cash (BCH) and it's not a big amount. Recently bought $300 worth Bitcoin cash and currently it's down. With the expectation of hitting price value of BCH $500 I bought at price $458 and right now it's down. Holding is the only way to avoid more losses. Already experienced the loss of $50 in last trading and right now holding to recover the loss when price will pump. Not sure, the desperate mind saying, $50 recovering would take 50 years, LOL!

This is easy to say, think positive but difficult to think positive when everything is going negative. Crypto market still looks cold but good for more buying. If history repeats itself, we can see something surprising in the future but that's just a possibility not a guarantee. Holding stable coin for buying is the best, trying to do that but once again bought earlier and couldn't wait for the dump at this moment. Bitcoin cash price at this moment $450 and I bought when it was $458, waiting is the only way. Expecting to see something positive soon.

There hardly can be found any sign from crypto market before big pump or lowest dump. Crypto market is more than a suspense thriller movie and we can observe it to plan our trading for next time. If I had enough patience I would or could be a profit maker but I'm not patience and that always bring negativity, I know but I can't help it. Trading still not my thing where I can shine, it's for professionals, holders and practical plan makers or movers. Here emotion is useless and professionalism is a requirement. So, stay professional.

Nothing new to share on crypto trading. Expecting to buy steem again though BCH is also dumping and can be the coin I would buy. It will depend and I'll share which one I'll buy using my stable coin. 50% already used for buying BCH and the other 50% still holding to buy either steem or BCH, will depend on coin's performance. Stay tuned for next updates.

Thanks For Stopping By!!

How do you rate this article?

25


shohana
shohana Verified Member

Content writer, designer and hobbyist photographer


CTF (Crypto, Tech & Finance)
CTF (Crypto, Tech & Finance)

Business and finance related blogs only

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.