Image by Miloslav Hamřík from Pixabay
This is the last day of this month. A new month will begin tomorrow but how was your financial gain or loss for this month? A loss can happen if we sell at this moment and bought when price was up. Had emergency need for some money but a small amount of stable coin in crypto wallet helped to handle that emergency. It was less than six dollars as stable coin. Personally, this month wasn’t the month of mine as crypto coins I'm holding constantly dumping and the dump feels scary now.
Crypto market wants to create horrible situation that investors can buy more and holders with financial trouble can sell with frustration. So, when some buying at the lowest, there some selling accepting the loss because need emergency money that they can't afford to lose. End of the month can be frustrating to many investors like me who can't afford the loss because the investment wasn’t the extra money that smart people can afford to lose.
A last time try, if this work then next buy will be not random but the question is, does market will allow that last time try? A reset plan is ready but without a good pump that can't be executed. This month was not only down for me, the whole crypto market was down and red candles for coins was mostly seen in this month. Next month is a hope though every new month is a hope and mostly end like hopelessly. Holding at this moment not for a big gain but for saving asset from a big loss by holding with patience.
Bitcoin price at $63k to $65k and Altcoins are down this year. When bitcoin price was more than $100k last year, some predicted that BTC will hit $200k soon but that didn’t happen. Altcoins current dump wasn’t predicted but it worst than ever before, the bearish market mode was always active for Altcoins and how far it go worst, that's unpredictable. Possibilities are two, either pump or dump, if the dump get worst than current dump, it can cause huge or big loss for many short time holders like me. Almighty can save only!
Thanks For Stopping By!!!
