Instability in the crypto market! What should we do? | 10% for @tron-fan-club
Hope everybody on this site also had a great day! At the same time, you are having a good time with your family in your respective positions. I am also good Alhamdulillah. Today I will discuss with you about Instability in the crypto market! What should we do? I will discuss some aspects of it. I hope you like it.
Extreme volatility is currently taking place in the cryptocurrency market. In fact, the prices of almost all cryptocurrencies are down. All cryptocurrencies are declining, starting with Bitcoin and Ethereum. There may be very few exceptions. Although the price of cryptocurrency has reached a good level this year, at present the price of all coins is declining. The cryptocurrency that is most well-known, especially because of Bitcoin, is now much lower. This year we have seen Bitcoin reach its highest price. But now it has come down to a much lower price. The price of Bitcoin has come down to 30,000$. As a result many investors are at a loss and have huge concerns.
The crypto market is volatile. Occasionally there is unrest in the crypto market, especially when there is a positive or negative news. The ongoing war between Ukraine and Russia could also cause instability in the crypto market. But there is an ultimate truth but the market is never stable. The bear market is always fluctuating. It is not uncommon to have instability here. Moreover, since there is no central control in this digital currency, it is not uncommon for it to fluctuate.
As far as I can tell from my little knowledge, it is foolish to expect to be invested here for a very short time. It's a lot like a lottery. So long term planning is needed here. And with the passage of time, it is only natural that the cryptocurrency market should go from low to high. Because bear market is not always going to be down. It will overcome this recession once and for all. But we have to wait for that. If we do not have any special needs then we have to hold on to the amount of investment we have.
Moreover, another opportunity to invest in this downturn. Now that the prices of many cryptocurrencies are down, we want to invest in them. Maybe in time it will be hugely beneficial for us. But first, keep in mind that this investment is not for the short term. We all know that when we plant a sapling it does not yield immediately. There is a long wait for this. In order to benefit from the money we have invested in the crypto market, we must hold on to it in the long run. Then we can benefit from this. So I think there is no reason to worry about the current volatility of the cryptocurrency market. Because it will go up again. Maybe a little later or later. So until then we have to keep all the money in our wallet i.e. crypto.
Much Love And Best Wishes To All
I am Md. Kawsar Hasan. I am a Bangladeshi. I feel very comfortable to introduce myself as a Bangladeshi. An assistant teacher by profession. A writer intoxicated. So I feel very comfortable writing content on different topics. It’s great to know the unknown and learn something new. Love to travel.
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Your post was upvoted and resteemed on @crypto.defrag
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In this time we have to be aware on cryptocurrency. Inshallah all coin will pump soon. Thanks "
Yes. Hopefully cryptocurrency market will pump soon... Thanks
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Congratulations, your post has been upvoted by @scilwa, which is a curating account for @R2cornell's Discord Community. We can also be found on our hive community & peakd as well as on my Discord Server
Felicitaciones, su publication ha sido votado por @scilwa. También puedo ser encontrado en nuestra comunidad de colmena y Peakd así como en mi servidor de discordia
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Gave a very good idea about crypto market. In fact, the market situation is not much better now. Nice to read your post. Very nicely described
Thanks for your nice feedback
Yeah. Very down. Hope all the coins will pump soon.
I hope all those crypto will be pump soon
You have explained the Instability in the crypto market in a creative manner. Actually, we don't have an exact way to predict the exact bottom of the market. So, I think the best option is to invest in the market using the DCA technique.
Thanks for your nice feedback
Reading your post about the volatility of the crypto market was nice