
Image by Ilya Deryabin from Pixabay
Sounds funny but this is kinda poetic when I wrote, close to buy and far away from sell. Close to end of this month but the desired price pump remain a desire that not yet fulfilled. Still there is hope of holding so as always crypto shares on hold. Just checked the current crypto market update and the price is close to desired buying price. Last time it took more than three days and this time buying can be possible in 24 hours if hit the desired price dump.
A buyer or investor definitely expect buying crypto at lowest, if lowest is almost impossible then lower, if lower isn’t possible somehow then at least at low price buying can help to hold for short time even it could be for smallest gain. Recently the gain was tiny but still a gain and this was possible using a small share of total crypto in my wallet. Not planning to sell at this down price or down market but a small share should be ready to continue the process to hold consistency.
Unpredictable market can be the subject of unbelievable pump and dump. For example the dump last year November that change the whole story of my crypto portfolio, overnight down asset value 3x even more. Though my investment wasn’t big for a big loss but it was a loss for me that never can be recovered. Why? Because I don't hold crypto for overnight 3x pump and more than 90% asset set to specific sell orders that can't bring big.
Reality is, holding for a pump is only possible when we have enough back up money for living or a good job/business that cover monthly expenses and fulfill our regular needs financially. A good income source can help on holding crypto for long time for a good gain but investors like me mostly struggle or rush on crypto trading and hardly can catch the good gain when crypto price pump. Anyways, if the buy happen I would plan for next sell. Will share about the consistent crypto trading status in next post. Stay tuned!
Thanks For Sticking Around!!