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Crypto Market Update: Hold, Hold and Hold


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Image by Daniel Dan outsideclick from Pixabay

 

Hold hold and hold, because hold is gold. Sounds like a slogan but the most smart investor will always follow this. It is profitable especially when the investment amount is pretty big. Today when I enter crypto market, I found no motivation for trading and writing but later changed my mind and bringing out the strongest me hidden inside me. This is around more than a week I'm sitting idle and no gain from trading, though I'm used to such holding situation and crypto trading with a profit is something that is not regular.

Crypto market is not responsible for my sitting idle, I'm responsible for my own loss and this is the loss of time and you know that time is money. The current crypto down is for investors though Bitcoin price is again closer to $90k once again. Bitcoin cash is also at $600 in last 24 hours but the coin I'm holding with patience is down and it would take one more week to get back a chance to trade it again for asset gain. Holding with patience.

Well, the holding is not my choice but it is market's decision and I can't do anything when market is down. Risk can be taken but that could be a high risk and can lead to an unexpected loss. Still holding coins and holding crypto coins means holding potential wealth for future. When it'll pump, it could change the financial status in a positive way overnight. That's the reason I love accumulating crypto asset instead holding stable coin for buying dip. But I personally regret when market is down and I've nothing to buy. So holding stable coin is important too.

Next trading schedule is unknown and it's up to crypto market. Enjoying observing though down market observation is painful. Who wants to see asset value reduction? It hurts but ups and downs both we'll experience here. Holding asset can be the best decision when you'll be a gainer when it will pump but when it'll cause long time wait for a small gain, it'll cause regret, nothing else. Happy crypto trading to all smart investors and traders.

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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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