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Not a bitcoin holder but a bitcoin fan? Count me one of them. No crypto trading at this moment and reason is very clear, the current price of my coins are bellow my buying price and trading at this moment could cause regret. Then when I can restart? That time is unpredictable but something is definitely predictable and that's my plan and target. Planning not to trade crypto until it hit back $80k once again.
Why so? Because, whenever bitcoin price pump, my coin also pump sometimes later so holding is must, at least to avoid loss and gain good when coin price pump. Though it has no guarantee but recent observation on crypto forcing me to hold instead trading with high risk and unwisely. Bitcoin is the boss coin and most of the Altcoins either follow it or keep pumping when market weather is improving. Market weather looks good when bitcoin price pump so there should be a connection always.
Though we can see something different last year because bitcoin hit it's all-time high price value when Altcoins looked like worse than bear market. So here things are still unpredictable and bitcoin is decentralized. No wonder that many investors still has doubt on Bitcoin's being decentralize. Bitcoin doesn’t need my trust because I'm not yet a bitcoin investor and how long it'll take to be one, that's unpredictable too.
On the other hand, bitcoin cash price is also below $400 USDT, there are many BCH holders and investors were expecting to see bitcoin cash price more than $500 dollars. The recent dump was expected as pump happen rarely and last for short time. Holding can help selling wisely next time and holding for buy crypto is the best. Look at me, I got desperate to buy and my coins are dumping constantly. So, next trading plan is Bitcoin's $80k worth price once again.
Note: It's a personal crypto trading plan considering crypto market weather, not a financial advice.
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