Hello lovely people of Hive and Leofinance community. Hopefully you will be enjoying your life with good health and spirit. Friends, Crypto market picked up the momentum after CPI report. Market which was struggling to maintain $800 Billion achieved $1,000 Billion. This is not the end of story.
Market fell below when it was looking bullish. In last couple of hours more than $27 Billion wiped out from the market. This reveals that crypto market is not meant for weak people. You need strong nerve and heart while dealing crypto currency.
Pump and dump is part and parcel of the market. If you are weak in decision making, no control over your nerve you will easily loose all your assets.
People enter in crypto world with big dream. However, most of the people end their campaign on big loss. Lack of knowledge, skill, pump and dump is the major contributor of poor performance in crypto world.
You have the courage to deal with bearish market. Mostly people frustrate due to bear market as a result FUD created in their mind and they ended their campaign with big loss. There is no need to panic when the market is down. It will grow again.
We all commit mistakes. There is no need to get panic. Infact, it is important to learn from our mistake. Mistake and bad decision enhance our knowledge and skill as a result it increase self believe. If you don't want to end your campaign with big loss, you must increase your knowledge and skill. Investment on those projects which have good potential and try to invest in crypto for long terms. Patience is the key in dealing crypto business. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
everyone makes mistakes it's a truth that you need to learn and you need to understand that mistakes during a journey are normal and I would even say necessary.
The dowry of patience is exercised by all successful people and you need to train to strengthen it.
I think the crypto market, like so many things in life, is not for the weak, but the most important thing is that weakness is not a quality or a talent or something we have and we must hold on to... if you are weak, you can train in all fields to become stronger, the difference is always the commitment and the desire to succeed.
Thanks for the food for thought!
To take a risk in the first place is not for the soft hearted . Anyone scared of taking risks (caluclated) does not have any business in investing in crypto. It is not for the faint hearted as it can make or mar your investment. However, it is of uttermost importance to do your own personal research before investing in any crypto portfolio.
Posted Using LeoFinance Beta
It is convenient for me to invest in HIVE and stack in HIVE POWER. You cannot sell all HP coins at once, so this is a long term investment.
The crypto markets are very volatile and for those who enter at a level and see their capital wiped out. this comes as a big shock.
So surely it is not for the weak nor is it for those who do not do any research.
indeed crypto is meant for those that have the heart for it, if one doesn't understand it, he/she should not engage in it, and always have it at the back 0f your mind that losses and gains are all part of the business
Crypto is better for diamond hands. Great coins becomes more bullish !
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