Pixabay

Crypto Market : Down Weeks, Buy And Hold


952f030402ff912c97f1102e9e44bc0ce06dafe31cb8617447fdac65408bd7aa.jpg

Image by Hawksky from Pixabay

When crypto market looks down, crypto earning also get down and things are connected each other like a chain. Trading at this moment definitely risky and that's why many investors now holding coins patiently and they can afford holding as long they wish because most of the wise and smart investors invested their extra money that they can afford to lose and hold for years if necessary.

Unfortunately couldn’t be smart enough to invest extra money and the money already lost value when crypto asset dump. The simple math looks like when I'll sell my asset even many investors like me will sell at this down market, the price of coin will pump and that's how this really works. I understand it late but finally I understand. This lesson can help me to stay away and safe from random trading next time. 

 So, the holding need more patience and time that many investors like me can't afford. This is crypto market and crypto trading where some lose and that helps some win. As time goes, It pushing me to be a loser and personal finance at risk situation can force to be a loser but if I sell as loser, I would give up from regular trading that hardly ensure the profit.

The all I can do is holding and stop thinking negative that can push me to sell when market is red. The scary part of holding is potential down market for long and impossible to get back a chance to sell at good price value of coin. Here no sign for sudden price pump but it has possibility. Sounds negative because things happening negative for a long time now. World economy looks broken and crypto definitely not out of it.

Thanks For Stopping By!! 

How do you rate this article?

5


shohana
shohana Verified Member

Content writer, designer and hobbyist photographer


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

Business and finance related blogs only

Publish0x

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.

Page not displaying correctly?