I think you are right. Yes it's drop but it's not the first time. May be the case that this will go high after the dip.
Posted using Partiko Android
You are viewing a single comment's thread from:
I think you are right. Yes it's drop but it's not the first time. May be the case that this will go high after the dip.
Posted using Partiko Android
Many smaller bubbles inflating and bursting within the context of one much larger bubble that continues to inflate.
Well, if you are into crypto trading like I am then you will not really care much. This is purely from the fact that most people forget that any forex stocks or crypto markets have their own "Winter " and "Summer" period ( Basically saying there are times for Bull markets and Times for Bear markets. Somehow the most succesful traders manage to even earn way more during these crashes than in the hypes. I guess this is purely from the fear of the majority of people that hold or trade and start losing money . So to say crypto as it is and even more Steem is more than profitable not to just trade but also to consider as an investment for the long term .
The only ones that make money in bullish and bearish markets are the ones willing to put on short positions. Anyone can make money in a bull market, though I would imagine most of the buy and holders actually make more money in those markets than the traders do.
Well Hodlers often can get more from a single order and such but it can takes multiple times longer just to get there. So it really depends on what you want .
True, if you can trade successfully. It's a lot harder than people think. Something like 90% of traders lose money, though I am not sure how they came up with that number.
That is basically because people are way too emotional about it nothing more nothing less. Buying during hypes and stuff gives it's result . We all are human but it takes practice and there are no excuses for your own mistakes .....
Buy on the quiet, sell on the noise. Good motto to live by.