Crypto, as we all know is one of the most volatile asset in the world today, where in a day it can make one to be a millionaire, and can also makes one to be a zeroniare if they is any word like that. What am trying to say is that cryptocurrency can make one and can also break one.
This market, due to its volatile nature attract A lot of prediction from people, what it was, what it is, and what is to come, but what they failed to predict is when it going to happen. Most technical analysis traders say that crypto makes bullish trend 📉 in interval of four years, checking and reading chart history to predict what is meant to happen, they said if it has happen at some point in time, it may likely occured again.
In two years we have seen constant bearish trend, it shows that the bears are really fighting and are not ready to give up. With the fall of FTX last year the whole market experience a massive drop, which I myself loss a lot from holding on Solana, yesterday I don't really know what cause BTC to drop from $29k to $26k, drigging all altcion and shitcion downward. The only reasonable thing that occured is that my native Fiat coin gain momentum against dollar, which before now it is trading NGR 930 to dollar, and now it is trading NGR 840 to dollar, which will be of an advantage to those that want to enter the market now.
[Screenshot Binance]
How I wish I knew
Five days ago I bought some USDT at the rate of NGR 927 to dollar, how I wish I waited a while, but it all good, humans are limited we can't see the future, which is one of our limitations as humans.
They is this post I saw on hive weeks ago, it say the best strategy to make it in crypto sphere is to buy the dip, and also buy the ups I do not completely agree with him but he has a point, in every opportunity you have to invest don't hesitate, and also don't be in a rush to make decisions especially to liquidate your asset in bearish period,as bearish seasons is an avenue to store more asset in your portfolio at lesser price, so this is another opportunity to stuck more asset, by taking advantage of the market swing.
A lot of people will rush to remove their asset because of this swing,but the beauty of crypto is that you do not really lost, you only lost when you sell the dip, so Hodl bulls will soon fight back.
@Zartisht
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