The Crypto Cycle | The Seasons In The Crypto Market

There are two seasons which we witness in the crypto ecosystem which is the Bullish run and the Bearish run, this also applies to other forms of investment either forex trading and other finance related sector.
We should all get the insight that is more profitable when we take profit during the bull run, relating to the recent move that is made by the crypto exchange FTX with their recent acquisition of both crypto assets and other exchanges.

From the recent Leofinance AMA which they deliberated on this issue, taking profit and buying back when prices hit the ground is regarded as been smart for any investor in crypto. utilizing the dollar cost average is strongly advice which means buying in bits when the prices go down. A point which I took from listening to the Leofinance podcast was what one of the moderators said;
“Sell the cash flow, maintain the cash flow generating assets.”

If you seen this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link

Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
Twitter:Hironakamura

Posted Using LeoFinance ^Beta