Dear everybody,
In this year, I seen that the cryptocurrency market is very bad. Downtrend is the main status. Although I always believe it will recover at the end of year but I feel worry when see the diagram of the market. What is your opinion about cryptocurrency market now? And it will recover next time?
Please share!
Thank you!
in crypto the price drops and rises that is normal. because if you remember the price of crypto from 2009 to 2017 it also experienced an up and down. You do not need to panic with the current market situation because when there are prices going down, it will recover again.
but all that requires a very long process.
That's right, if you don't have a strong mentality it's better to retreat from the crypto world because it's hard to predict.
Indeed, if we look at BTC's journey since 2009 it is not easy and several times the price falls quite badly but then returns to rise unexpectedly.
My advice is better to hold USD or fiat now, at least temporarily until the market recovers or if you have more money or strong fundamentals, you can start looking for good coins at dip.