The market is red like the sauce of this pork and beans but my buy orders are set to profit when it all turns green
Well, its the market, sometimes it goes up and make green candles but there is no straight up so it will all visit the relatively low prices. This goes on and on especially in the bull market in cryptos like we are witnessing today at the time of this writing. That is why it is important to sell when prices are soaring because the volatility in the crypto market is still a thing and I guess that will continue to be a thing because of the factor of Bitcoin boom and bust cycles.
Bitcoin's price goes up a few months after its halving, it halved last April of last year and now it is in the bull run. After this bull run the markets will turn bearish again especially if there will be more reason to be bearish like an unforeseen global events like regional wars or worse, world war 3 where I guess BTC will be useless from then on, it could be another pandemic where things will go to another halt, then the value of BTC will surely go back a few years as people gets so scared like what happened last 2020 and it also got me worried too because I have no money except with cheap coins that I was able to sell prior as I had to undergo a appendectomy in the first days of January 2020 and by March the pandemic caused lockdowns, so I did got lucky that I had the appendicitis before the pandemic goes loco thanks be to God.
In the past there are more bearish times than the bull cycle time period, so it is wise to accumulate digital assets in the bear market which is actually hard if you do not have the means of earning something. That is why some Altcoins are important to hold by staking because cryptos with staking features always you to earn passive income that you can use for your needs and also for buying other cryptos that yo want to sell in the bull market. It is quite advisable to rage-buy Altcoins or bitcoin during the bear market so that when the bull market happens you can just be relaxed and set your sell order when prices are soaring again, rinse and repeat and it is a long-term perspective technique which is proven to work.
It works the same when there is a momentary dip in the markets/ crypt markets, we have to be always ready because simply, there will always be a dip in the prices that we can take the opportunity to buy back and then sell again within a calculated manner based on past short to long-term price action of the digital asset that we had invested into. It is a good to choose cryptos in the other hand that has a known long-term use so that even if we hold bags of it, we can still enjoy its continual price appreciation although most of the cryptos will still most of the time visit higher prices following the bull run of Bitcoin.
Anyway, I asked mother the other day if there is something that I can have to satiate my nutritional needs following my small lunch meal. I was only able to eat a bit of rice and some fried small grouper fish which I only ate one piece because I don't like it. That is why I had this beans in sweet tomato sauce which is not my favorite because it is high in uric acid but still good to eat because it is still nutritious but must be consumed in small portions particularly by patients with dietary restrictions like myself.
Photography device: Oppo A92
Camera Sensors: 48 MP Main Camera
Camera Mode: HDR
ᴀʟʟ ᴛʜᴇ ɪᴍᴀɢᴇs ᴀʙᴏᴠᴇ ᴀʀᴇ ᴄᴀᴘᴛᴜʀᴇᴅ ᴀɴᴅ ᴏᴡɴᴇᴅ ʙʏ @cryptopie 𝘶𝘯𝘭𝘦𝘴𝘴 𝘰𝘵𝘩𝘦𝘳𝘸𝘪𝘴𝘦 𝘪𝘯𝘥𝘪𝘤𝘢𝘵𝘦𝘥
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I habe already lose about $20 from my last trade as I bought steem as the rate of 0.299 and the price has drop to 0.277, ita a great loss for me, i oray it bounce. Back so that I can recover and collect my interest. Most of the coin is bearing at the moment, and it's a better time to buy any crypto you like. But you must understand that the market is highly volatile so you should create your risk management when trading. Thank for the update @cryptopie but am wondering why you don't always reply on comment.
0.00 SBD,
0.00 STEEM,
0.02 SP
If you bought STEEM at .299 which is relatively high, you have to wait until SSTEEM pumps again, then it is the time to sell. STEEM is very volatile but we can wait for prices to get better and sell. Yes, there should be a risk management otherwise we will just wasting our time in this crucial bull run times and get left out not profiting at all.
I respond to comments but sometimes a comment is AI-generated or I just don't want to reply outright because I am sometimes not in the condition to do it. So that is why, anyway I am hoping that we will enjoy this volatility of prices because it means opportunities to make some profit out from profit sometimes and that is what is great about these exciting price action.
I also hope that SBD will not have any problem of being delisted from Upbit otherwise it might cause a lesser profit for earners of SBD but it is part of the game since we do not really know hw the future will bring us even in crypto other than BTC going to the Moon and gets useless when world war 3 happens.
#comment #freewriters
Sometimes the market moves so slow not just the fact that nothing really works out without a lump sum investment just the fact that the losses set you back even moths if your not on the favorable side so eventually the point is to make gains. The loss of one is the gain of another I'm referring to when you trade but tell me how do you withdrew and use your gains in daily life is it possible?
0.00 SBD,
0.00 STEEM,
0.02 SP
All of cryptos that I have now are house money which is why I am profiting from profit and I use them to buy crypto investments as well as for my necessities. Last 2020 I had an appendectomy and I used my funds to pay for the surgery and it is not a small money, I even sold some of my STEEM to repay my brother that I borrowed cash from during that time. I also had a surgery in my arm and that also drained my savings but it is just now I am enjoying a free dialysis sessions and that is allowing me now to save rather than spend.
Most of my stay here are spent on building my account and that took a long time until I invested more and the money that I earn now will just be my disposable income. I am just waiting for prices to go up and I already sold some already and all that will go to fulfilling my goals and they need a huge amount of funding but God-willing might be a reality the soonest possible time.
It is really possible to have a #betterlife especially with STEEM because of its use case like what we do here in Steemit, it has community and developer support, and a whale playground for pumping prices. The token moves to bullish pattern when Bitcoin gains value and always gives us opportunities to buy low and sell at better prices.
#comment #freewrite
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The author has unique insights into the crypto market and, combined with his personal experience, highlights that investing is not easy. Both currency market fluctuations and emergencies in life bring challenges. However, his investment ideas of accumulation and waiting for opportunities are worth referring to, and make people feel that life and financial management are closely linked.