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Crypto Market Update: Bitcoin Flash Pump To $70k


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Image by Mohamed_hassan from Pixabay

 

Last night crypto market showed something positive for Bitcoin. It's price hit back $70k and that's something good. Unfortunately, it was a flash pump which means a temporary pump, this morning the price is $68k and last 24 hours lowest price was $65k. Though I'm not a Bitcoin holder but I keep observing Bitcoin because I believe some Altcoins follow the lead of Bitcoin. Bitcoin cash price is still below $450 and it's getting hard to wait for a good pump.

Expecting to see Bitcoin cash price $505 plus worth price value but there is no sign that indicate it's price can go above $500. Still holding with patience but not sure that how long I'll be able to hold it. The current performance of Bitcoin cash is heart broken to me because after my buying this coin is down but few days back it hit $570 worth price. Sometimes it feels like I'm not lucky enough when it comes to crypto trading.

Trying to stay strong and optimistic. Seeing the positive pump of Bitcoin, I'm getting motivation on holding my coin instead selling it for loss and to protect investment from more loss. If negative thoughts wins I would sell my coin even when it can cause loss but if patience win I would hold until Bitcoin cash price hit $500 or more. Coin switching could be the best if I bought lowest but unfortunately I bought earlier at high price and now waiting feels hard. Scared to lose more asset value.

Recovering could be possible if buying would smart. Buying high is always a failure and now suffering from the regret on buying high. Always take time for buying or selling crypto, now taking time to hold coin is getting difficult. Sake of losing more asset value sell could be a tough decision but could be good decision to save asset value. In last 5-6 months my asset value reduced more than 3x and it was a big loss already that can't recovered overnight. Not sure about my next move.

Thanks For Stopping By!!

 

 

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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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