My few words on CryptoCurrency Trend

in #crypto9 years ago

Everyone has seen Bullish trend in the CryptoCurrency market till Mid of June this year, specially for altcoins and then segwit / fork news circulated on all platforms and we have seen major corrections in market which should not be happen. Why?...there is always a reason behind for any major actions...bitcoin segwit, which was a pending assignment since months came with a proper schedule and recently activated it successfully...now very few experts understood the overall benefits of bitcoin scaling...major crypto community panicked because of lack of knowledge and believing on rumors and so we have witnessed the market crash. In short, market driven by emotions, lack of knowledge and less patience.

Close your eyes for a minute & ask yourself one question, Do you have a doubt that CryptoCurrency market have no growth in future? Do you read Bitcoin and its vast acceptance in major economies. Most are just concern with buy & sell, profit & loss that's it...This CryptoCurrency market have large potential to grow globally and rapidly and you will witness healthy effects in near future for sure....Stop looking at present scenario and see the bigger picture of future and try to act accordingly from today itself. I am worried that I can't see motivational posts from crypto experts besides that they are also moving with current flow and change their decisions accordingly as per temporary scenario and influence people to do the same what they feel.

People reacts fast and act emotionally in any global market without having ground level knowledge and that's somehow effects the whole system.

Just settle down, cool your mind, figure out what & why all this happened. You will learn from your past experiences and remember knowledge is power and never gets wasted.

Learn TA,FA, Margin trading, lending, swing trading, accumulation level entries, diversification of portfolio, average out, reading bitcoin & market related news on social media, slacks etc and then enter in to the market with full of confidence, you will succeed :)

Utilize your time to learn the subject which you think you are not perfect and give your best, success will follow you...have a great weekend :)

By : Ajit

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