Hello dearies!
Something came into my mind and I decided to asked here to see the mind of everyone here towards the market.
Few days ago, there have been a sudden change about the entire crypto market which gradually drive bitcoin from $16k to $19k plus, could it be that the bull has started this early year without getting into the bitcoin halving or could it be there is a positive news concerning there entire cryptos?
There are lot of post I have been reading all this while the majority of them were pointing out to be after bitcoin halving.
This post is proof to not think every market pump is the begining of the bull market and that during the bear market we will also have times when the market will pump but that doesn't mean we're in a bear market. Also this is a proof that the cryptocurency market is very profitable because if you bought 1 bitcoin during the time of this post been made, you would had made $10,000 profits.
Market recovery has a very good feeling and it's more refreshing when you bought some tokens during the bear market and that should be what every investors should be doing. When the market is in bear season, we have to buy tokens to hold and wait for the bull market to return. Investing in Bitcoin doing the bear market is very profitable when the market recovers and gives you profits.
Both Bitcoin and altcoins can give you profits when the market recover and also you should take some profits because you don't know how long the market recovery will last. The recovery might only last for few days and fall harder than it did before but when you took profits you won't regret and can buy back your tokens before the market gets another recovery.
But we should always be that having that kind of approach that in every pump there would be always showing that the market is gradually making out some recovery.It is really just that there are people who are
really just that confident on the time that they are seeing green candles on which on the time that they would really be making some fomo decisions and the the correction happens then for sure it would really be a lost of money specially if you do make out some futures positions but if its on spot then as long you arent closing your position then you are still that good.
Market recovery? Its always been that present but of course it would really be basing up on a particular time. There's no way on telling on when it would happen because we know that
market is really that unpredictable. Pumps and dumps do happen and here comes sideways on what we are currently experiencing. We dont really even know on what would be the
next movement to come specially if the other month is fast approaching now.