When I’ve started to be part of the crypto market and invest in cryptocurrencies, in February 2021, I never thought that I will spend hours to follow the graphs and learn about indicators showing the market trends. At the beginning I was spending many hours trying to learn about projects’ reliability in which to invest. But as soon as the summer came, I started to spend less time in front of my computer and I’ve started to spend more time in nature organizing itineraries in the mountains as a tour guide in Romania. So, I had less time to analyze the market and to trade or to invest. As the sunny and warm days are about the end of this year, I have again more time to deal with the crypto market.

Last time when I published a post on Publish0x the crypto market was after the great shock that happened in the last decade of May. At that time many of the players in this market were asking if we are in the bear market or there will be another bull run this year. Meanwhile the cryptocurrencies prices went even lower for some projects in July, but starting from August the market seemed to be on an ascending trend. Now, October seems to be very favorable for the market while the ascending trend continues. Bitcoin has already surpassed its previous ATH and if everything goes well according to experts, Bitcoin may reach even $100000 in the coming months.

Of course, there are plenty of factors influencing the market. Since very often there is the feeling that crypto market is manipulated by whales or super big companies, I think that anyone it is important to have your own strategies while investing and try to take profits based on your own objectives. Learning how to deal with crypto was not easy since as a newbie in the market you may be surprised by a great dump after only few weeks where you are in. On the other side, I consider that it is important to learn from every lesson that you have to face in this domain, in order to become a better player.

Now that I have less activity while organizing tours for trekkers and tourists, I have more time to follow the market. Maybe I missed the opportunity to buy the dips in July. However, for sure I will not miss the opportunities arising nowadays while many crypto are about to hit new ATHs. Moreover, the lessons that I’ve learned while hiking the mountains ridges are very helpful in the crypto market also. Climbing the peak means that you have to start from the valley while having the patience and putting the effort to go step by step at a higher altitude. But the peak is not the destination. The destination is when you are back from home safe.

Furthermore, from the peak you may see other mountains ridges and other peaks. Do you want to climb those peaks too? For sure! You are excited and you want to have other perspectives from the top. In order to do this you should go down in the valley and then take a new trail to climb the other peaks. So it is not the end of the world to be again in the valley. Actually it is necessary for a new climb. Moving into crypto market, this is valid for crypto trading waves too. Even if most of those who invest in crypto would be interested to see only peaks, having corrections in this market is very useful for all of us.

All you have to understand is that when you feel that you touched the peak of your financial investment, you should enjoy this perspective and take your profits. Then travel back with that crypto in the valley while the price is going down and when you feel that you can climb again using that crypto, you just have to buy again and enjoy the ride to a new peak. At the beginning I was scared not to lose money, but after few months in the crypto market I’ve learned that the lessons are far more important than money. You may always make money, but having more experience is far more useful for all of us in order to reach new peaks in our lives.

The crypto waves nowadays seem to be very interesting, even more when you have a large diversity of projects in your portfolio. If you missed taking photos from the peak, don’t worry! And don’t throw away your investment! There will be other peaks, sooner or later! And when you will be again up to the ridge, then don’t miss the opportunity to take your…profits! Sometimes from the peak the perspective is not very clear, since there may be fog or cloud. So maybe you will not have the clear perspective if that is the peak. But even so it is better to take profits when you feel that you are in a good profit range, then to fall down on the slope.

In the mountains many peaks are flagged, but in the crypto this is not valid. Accordingly, don’t wait any guide to tell you exactly when it is the moment to sell or to buy. Sometimes trade indicators are valid, sometimes these indicators are not followed by coins prices. At least for me the instinct is much more helpful when it comes to take the decision to buy or to sell. I use trading indicators, but the ultimate decision is based on my gut feeling.