
Image by Benjamin Nelan from Pixabay
Current crypto market looks like for bitcoin. Bitcoin hit $122k once again this morning. But unfortunately bitcoin pump and dump doesn’t affect my asset value when Altcoins does. The Altcoin I'm holding is a trustworthy one but not worth buying when you are not good at holding. Coins are good especially when it has good reputation in the market for years but holders and investors should know what they are buying and how long they afford holding.
The Altcoin I'm holding is not responsible for my asset value loss, it was me who choose the coin for trading and now when it performing unstable, it is good enough for buyers or investors but not good enough who can't afford holding both coin and patience. Still I'm holding it with the hope of surprise pump someday and the price is not an impossible amount even two months back the coin showed the price value even when bitcoin price was bellow $120k. So there always a hope!
Unstable but worth buying altcoins but honestly I only influence my people to buy bitcoin and I personally don't promote any Altcoin but BCH is worth buying altcoin to me but buying and trading should be wise and smart and this is for all the coins trading in the market. No coin is risk free for random trading so the more we avoid random trading, the more we ensure the less chance of loss on crypto trading. Personal perspective and observation sharing, do not take this as a financial advice.
The waiting period could be longer, October can be my month only when my coin will pump surprisingly and will allow me back for successful crypto trading. A thing I learn from trading is that, after buying we shouldn’t get desperate for sell and after selling we shouldn’t get desperate for buy and hold for the right time is as precious as gold. Unstable dumping is definitely good for buying but take your time, set goal and do trade crypto accordingly. Best wishes to you all crypto mates.
Thanks For Stopping By!!