My crypto strategy

in #wavesplatform6 years ago

I have seen many people who bought their crypto assets at its peak value. The time when Bitcoin started growing from 1000$ to a record breaking 20000$ in around few months, lots of people thought to jump into the bull market to become crypto millionaire or own a lambo. But little did they know about the bitcoin corrections as studied from its past years. There is one common pattern that I saw in bitcoin from its history till today. It is always a difficult time for bitcoin in the month of March, where it shows its biggest downfall. Here is when all the newcomers who entered in the crypto market at its peak time got afraid and started selling their assets thinking it is the end of cryptocurrency. But to all the newcomers and people who are afraid of crypto future, I would like to advice them that don't sell your assets in this bear and dip market as this is the time when whales buy these assets at very low price and wait till the market turns bullish. For those who still want to earn in this bearish market by short term trading should first study the most secure coins, buy them in dip prices and watch out for the prices to go a little high maybe, around 10% or more and then convert the profit into bitcoin. This way your bitcoin will also increase and your investment will also be secure. Thus gaining you short term profit. Keep in mind that your short term investment should be diversified to get maximum profit.