My Crypto Bleeds That's Much.
One of the nightmares we've faced as crypto bloggers is waking up one morning to see our crypto assets in the red, reducing the power of our token tokens to less than a dollar.
We never expected this to happen because most of us don't know how to read and predict the graph of an ongoing high jump or downhill slope. We are wondering what happened and why my property is bleeding so much. We looked around and asked ourselves and sometimes blamed ourselves for not selling or transferring something so we could buy at a low price.
This happened most of the time and volatility is always a problem, sometimes friendly because we never expected it to be high, and somehow it comes, the nightmare makes us uneasy because of the price drop.
Photo by Wance Paleri on Unsplash
Who wouldn't want us to wake up in the morning and be surprised that our crypto has turned 100%, that means it has doubled the price of our tokens.
Those were my dreams and expectations when I was waking up, but things didn't seem to be in a good mood, they started last year in the first quarter of this year, we experienced a drop in price and we made sure we were holding it.
We have heard that only the price has been reduced, not the holding of token assets. And that was true. 1BCH was still 1BCH even though it was lower than the main price when we started blogging.
It seems like endless problems in the computer commodity we loved, first Tera Luna accelerating the price, then the last few months of Federal Reserved versus Computer Technology Commodity disputes and now the problems of Binance and FTX, what will be next?
The number one thing you need to know is what happened. Some are just gossip and controversy; you need to know why and why not. The biggest flaw we have is the research when it was done. We were not so informed about this problem and then we were surprised that it happened in crypto copies. It's late now and we can wait for the principal price to recover a bit.
What are the advantages of the red market?
For some people, the red market is still profitable because we invest some of our assets to buy some coin acquisitions. The red market gives time to some people who hold more tribe tokens; some will use their money, personal savings (not recommended) and many others.
As for good side writing, this was the best opportunity to write and earn, since most of us have no main money to start with, it is not a problem to pay for the effort. As we will be more online and active, thinking that this is a one time opportunity would be one of the best guides to having more and getting more.
Another benefit is learning from our mistakes; indeed, our mistakes are realized after the red market.
Disadvantage of the red market.
One of the worries is that we don't yet know when and where we will recover, because the news doesn't say whether the prizes will lead to victory or other sorrow; he added that the holidays are upon us and most of us are preparing for what's to come.
Others had no choice and some needed money ASAP (As Soon As Possible) and had no choice but to lose the assets you still have for the lowest price they could afford. It's sad to think about, but this was actually happening because we depend on some purchases to save our daily expenses.
Some plans will wait a little longer, others planned to buy the upcoming holidays as a gift for themselves, but it seems to me that it will stay for a while, it will sleep for a while, it is still dreaming of something.
In addition, others may stress and wonder when it will last because they will lose personal money and more. Be careful and take care of your mental assets. It could cause agitation and blur in our daily life.
My Crypto Bleeds That's Much; What should I do?
That was my question too, what should I do? Of course, one of the best things is to be more active, get more as the price drops and have more, convince yourself and not look at the price. We still have more time to recover. We also learned from the mistake and tried to avoid it in the coming days and weeks.
We are all affected by what is happening, we are all sad at the moment, but don't lose hope, instead make it a motivation and one of the times to be more grateful.
Thank you for reading
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