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Current situation forcing me to hold stable coin and a little amount of crypto coins. Reasons are crystal clear, price of coins looks not at it's lowest so there is always a possibility of dump, buying lowest maximize the chance of a successful trading with good gain. Last night sold some crypto to hold consistency on crypto trading and that was a good decision especially when it can dump back again and buying back can cause some asset gain too. Bitcoin price above $85k indicate that market weather is better than last few weeks and months.
Always ready to buy is better than holding long for a good sell. This is not for discouraging crypto holders, if some can afford holding then they should hold it for a big gain or profit but investors like me who has serious concern about asset value reduction, should hold stable coin instead crypto coins. This realization encouraged me to sold some crypto and holding stable coin for next time buy. If I rush for buying and coin price dump like a shock then it would cause regret for long time. So staying super active for crypto market to grab the chance of buying but not this soon. Will wait for it, how long? That's definitely unpredictable but I'll share.
Nothing hidden from my side. Whatever I experience, I try to share them and I only learn from my mistakes to be sure when many of you wise enough to learn from other's mistake and can avoid those mistakes that can cause you loss. After experiencing huge losses in the past I decide to hold stable coin which feels safer though gain could be lesser. Once I was a risk taker because my personal finance was stable but now can't afford the risk because personal finance at unstable condition and stable coin can help on that too. So better not rushing for next buy.
If somehow surprise pump happen at this moment, I would miss the chance of big gain but I'll not regret as holding stable coin feels safer than holding crypto. Reasons behind this already known to you. If can't hold for sell when coin pump big, better I hold for a dump that won't affect my asset value, will help having mental peace and personal finance will be easy. Just a plan of present time, it's changeable considering crypto market weather. Will keep updating and sharing my crypto trading experience in my upcoming crypto discussion so stay tuned!
Thanks For Sticking Around!!