Crypto is very volatile, some circumstances make the market change suddenly. No one can predict when a bear market will occur and when a dump will occur. Some people often assume that every time the market reaches a new ATH, there will always be a longer term correction. Like between 2017 and 2021. In the middle of the year, 2019 is the best opportunity to buy. But no one knows, even fearing the market will drop even lower, many people sell it. And it became an experience, and now many people will hold their portfolio.
No one really knows how the market will behave in the next following days or months. When the bull is showing a good run, people around keep hyping the market, but when corrections and dump take place, fuds will come out and bring more dump inside the market. This volatile market needs to be understood accordingly if you din't want to lose your investment.
The more you engage to earn good knowledge, the more possible that you can collect money from this market.
But on the other side, if you are not careful the chance of losing your investment is always possible to happen.
if the market is very predictable, and does not change, then a lot of people will become rich because of this, especially if they make bots that adapt to our needs.
only, it's not that easy. I assume that every day the behavior of the market will change, because everyone's needs will be different and there will be something new. in fact, many programmers are turning to bots to make them understand the market, but so far, no one has even been able to do that. So, I feel that the market situation is going to be constantly changing. that's why we have to improve our way of doing analysis and speculation.
