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Crypto Market Update: As Predicted, Not Expected


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Image by Daniel Dan outsideclick from Pixabay

 

Bitcoin dips below $109k and Altcoins are also keep dumping. Crypto Market is super down today and golden chance for buyers once again. As predicted, market taking time to get back green or at least get back to normal price value. For me the normal price value means the buying price. Bitcoin cash is still above $560 USDT and that is pretty impressive. Few reputed Altcoins performing good but not reaching the expectation of holders.

Whoever buying Bitcoin now will definitely hold it for long time or target the price all time high record. It can be $200k for BTC as many investors expecting that Bitcoin can hit $200k at the end of this year. Not something possible but according to my personal observation, it will not happen overnight and will take time. The current crypto market made me cry because asset value dropping down horribly.

Trying to stay away from crypto wallet as my current balance dropped down around 50% in last two months. It was unexpected but it happened. Just imagine, you had 2k dollars in your wallet and it could be $3k with the time and trading but unfortunately it is now 1k dollars and you are still holding with patience to recover some of your loss. Holding can help for sure but how long you have to hold that is unpredictable. Everything is luck and crypto is also a thing that can bring good or bad luck.

Waiting for that one miracle that will change my crypto portfolio bigger than ever before but honestly, holding for the highest pump is not my thing. Holding can help saving the probable asset loss but gaining is almost impossible. After shocking dumps, a little pump bring hope and it force me to sell all my crypto asset as market can be down anytime again. This kind of mindset is not good for crypto trading because holding should be always for big gain and the market is down today will be high tomorrow or someday. Patience is the key, as you all know that.

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shohana
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Content writer, designer and hobbyist photographer


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

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