My view point on the current market situation.

avatar
(Edited)

One of those things I love about cryptocurrency is opportunity to buy and sell, if you can wait patiently for your time you will definitely see a perfect time to enter a market or to exit but our emotions won’t let us do what is right.

956831E3-091B-4437-8C18-451E683ABBAA.jpeg

This is a daily chat which implies that every candle you see on this chart represents a daily market and as you can see that Bitcoin is on it way down and what does that implies as an investors??

Buy! Buy! Buy!.

I don’t see anything other thing than buying btc and I know some of you will disagree with that fact but I don’t see bearish season coming anytime soon. Like my friend use to say “season of plenty” is still very much alive and bearish season will come but I know the green season is not over

My view

I see buy signer but not buying Bitcoin, instead of buying btc for for me I will buy altcoin and building my portfolio even more at this time with the current market situation and this is my opinion.

1875D028-CFAB-4B42-A469-1090AD69ED77.jpeg

This is altcoin market chart and this is still moving up, nothing bad in using this opportunity to buy btc and altcoin at the same time. Bitcoins dominance is reducing and is going down every day which shows less impact of btc on altcoin everyday.

4D9EE597-9A1B-4139-BB98-DF83489DB3E4.jpeg

Irrespective of the bag you are filling just make sure you trade responsibly and do your own research before jumping to any trade. Fud will only shake us off the bus and the news is to convince to those who don’t truly believe in Bitcoin.

Remember!! I’m not a financial adviser just a man saying is opinion, do your own research and do what is best for you. Nobody analyze market perfectly.

Ride with the bus.


Posted via proofofbrain.io



0
0
0.000
3 comments
avatar

The market right now is undoubtedly not in a good place and no one can give a 100% prediction when it comes to cryptocurrency.

I believe as an investor this is a perfect time to buy. Hope to fill my bag with some alts too


Posted via proofofbrain.io

0
0
0.000
avatar

Congratulations @dwayne16! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 12000 upvotes.
Your next target is to reach 13000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Hive Tour Update - Account creation and Account Recovery steps
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000