CTF (Crypto, Tech & Finance)

Crypto Trading And Market Update: Can Be Buy And Hold Time

Crypto Trading And Market Update: Can Be Buy And Hold Time

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Image by Марина from Pixabay

Knew it! Not everyday will be my day. This morning wasn’t as awesome as the morning of last two days. Fortunately, crypto coins aren’t dumping shockingly but better get ready or prepare for that. If suddenly pump, it can cause a good gain but right now It's holding time. Can be good for buying but personally I already bought few shares of crypto asset and it was an emotional take, if brutal dump happen, that buying could cause regret. So, next buy can be possible when coin price dump like a shock or else holding stable coin bring peace of mind. 

Current crypto market offered some good chance of gain and that's a positive sign. If this continue then working on accumulating more asset (could be stable coin or crypto both) can be possible. Already planning something good but not sure how long crypto market will co-operate. Yesterday morning steem performed good when hive price stopped pumping and stick to a short moving range. So, holding is a must in such case.

Let's talk about bitcoin cash (BCH). It was a plan to buy at least 1 BCH worth asset and luckily I didn’t rush to buy even when price was down. If I bought BCH emotionally, I would never trade steem successfully last two days that helped gaining some profit. It’s not about the coin, it was about the decision of an investor that decide profit and losd. Undoubtedly,  bitcoin cash is a worth buying crypto coin but timing matters and I would buy it someday when it'll be time. I already bought BCH when the price was $250 and $225 and right now the price value is below the buying price so holding is a must.

Wish to hold more stable coin but It's a little amount at this moment for next buy. A dump can happen anytime as after a pump, dump surely happen. Would love to wait for next smart buying and trading. If somehow coins keep price pumping then buying at this moment can be profitable but that's just a potential and definitely not any kind of financial advice. Your money, you choice, your gain or loss, you’ve to bear it so be wise on crypto trading or investment. I'm trying to be as much possible. Let's hope something good. 

 

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

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