For the past two days any markets you touch can turn to dust if you do not assess the risk.
I think this is the message all markets preach days in days out. You can earn a fortune and blink of an eye
things could change. It is the reason to stay focus and know any great investment is a risk.
You can name it all. If it is fast and quick, the risk is more prevalent than long term.
Just have to be on your A game to stay on top. Better stay on the sideline and let all craziness pass
to get back in the game.
September just offers a glimpse of all the markets behavior in four days. Somehow there is a connection between all markets cause they all fell timely. If you trade on the sock market, eventually you know crypto market plus forex in between.
It is a chain reaction that evolves both ways. You go in, stack up the profit and you go out.
Fun part of it they tell you about. One guy stated the other I sold #all my #BTC, index funds, bonds everything and I am holding cash for now. I mean you can read confusing news about the same stocks.
It may sound alarming at the age of internet but that is the idea if you involve in the market.
So far we have truly four months to deal with before 2020 says bye. I am expecting a lot of drama every where.
Stocks market, crypto will be subject to the political aspect we are living in.
Most part for people living in the US. The sentiment is shaky for many reasons. Still do not know the intention of covid-19 right now. Please try your best not to catch it.
Last couple of weeks, #Tesla and Apple was leading the way with fanfare. Prior deep in August it was all about #Novavax, #Moderna, #VBIV and many more. They are all flat and the focus they had was short lived.
I can say clearly they lack a clear community behind them. They were pumped when they received the grant money and now all dumped. This appropriation of the market is the zigzag you see all over a stock valuation.
I know eventually if a company is serious the valuation will come back to enhance their stocks.
I can say that for #Apple for the long term.
There is one thing the market always does. Please do not forecast me. If you follow the trend really close there are a lot of patterns along the way that dictate they way it goes. Always follow the same route. Hard to determine unless you guess the hint before hand.
Now I may contradict myself by saying do not forecast. Every investor wants to have a bull market when he is selling and a bear when he is buying. It is tricky cause this is shaky and sometimes unforeseen events may trigger a quick move in the market. But most moves are partly due to inside plan that the whole public has no idea.
Most markets movement are spectacles for the moment. Couple months they will be all forgotten to a huge swing and life continues. It is very important to take note and be wise when you see the same key marks presented.
This September has a lot of potential for this community.
The #DEFI fever is on high alert. #Hive and #Leo are leading it. There is the #Hardfork coming pretty soon for this blockchain. It is a momentum shift for many and I can say this community is busy. There is no question many coins lost their placement in top 100 in the market cap like #Coingecko due to #DEFI craze pulling its weigh everywhere.
Glad to be part of a vibrant community where innovation and trials are making sure we move in the right direction.
Not financial advise but the value for #hive is the right moment to get some. The #Hive power up day may just change to #Hive power up month. The market is finding it place in the financial world. It is no secret anymore crypto is the fastest phenomenon ever. When price drops, every moves allows new whales. Stable coins are growing like California fire. I forgot to mention the availability of liquid #hive through hive-engine market. It is a cool innovation to get hive power and you can get your hive back within the shortest amount of time.
Actually I think this is another way to provide useful case in this blockchain.
September will be epic if you are proactive.
Be safe and stay safe.
Posted Using LeoFinance
Well it's been a month that's been totally rocky, I don't know why the instability seems so huge but this is the period where greed you know can hurt even the best of traders. The DeFi buzz is quite something you know but then the earlier it settles up, the better for us. I actually sold Some of my BTC at the wrong time but then I'm glad it didn't plummet like it's currently doing lol everyone thought the BTC bull was here. Hahaha