
Image by 3D Animation Production Company from Pixabay
Bitcoin price at $84k and the lowest price of it $82k in last 24 hours. Recently there was a sign of dump and Altcoins dumped too but taking time to get back to the price value it.had few days back. Moving in a moderation and coins act like at stable condition. In such case, I prefer taking a pause from crypto trading. This is the moment when buying and selling both not gonna be profitable for me, see this is personal as I already bought and hold for next sell and already sold some to buy back again when coin price dump.
Ready for both but current crypto market isn’t preferable to me to trade crypto, so taking a temporary pause. Honestly tried to sell some crypto to buy back and to keep the trading run but it didn’t happen but selling order still set at that price. If that sell happen, crypto trading will be active once again and the pause mode will be end. Sake of continue trading using small amount of asset but coin movement and market weather should be suitable to me. That's the reason I keep observing crypto coins and take decision accordingly.
Not every time plans work out but holding can save asset from a big loss and that's the reason of this temporary pause. Last week when bitcoin price was pumping, many investors was expecting dump and some was expecting price pump will surpass $90k but it didn’t happen. But fortunately it’s still above $80k though below $85k but close to it too. Did wrong trading recently and that causing long time holding, no rush to buy so set the buying order at desired price value, it can take time to work and that's fine now.
The real strength and smartness is holding both crypto coins and stable coin and ready for both sudden pump and dump. It helps surviving in crypto trading for long time. Buying and selling shouldn’t be in a rush and better keep continue doing it using small shares of crypto asset. These things I've learned in my 4-5 years of crypto trading and here I always paid for learning lessons, I experienced losses to learn lessons. Hope that learning will help to be a gainer in the future.
Thanks For Stopping By!!