Hello everyone ,
How are you all ? I hope everyone is fine and doing great in their life.
Crypto market has shown some noticeable downfall today. We have seen majority of the currencies following the same thing alongside bitcoin. This situation makes two possibilities for the people or we can say that it will create two group of people or traders.
First possibility is that we see this as opportunity and invest some money to gain some profit in short time span. The second possibility is that people will panick and start selling increasing the selling pressure for the crypto market.
Below is the top ten currencies according to market cap on coingecko.
What are your plans in this situation ? At what side do you find yourself among the two i mentioned. Obviously there is another group of people those who will not invest nor sell and hold onto their assets but to gain something you have to take a call and either sell to buy again at lower price or buy to sell at higher prices.
Just see below , the chart of btc. It might show some corrections giving out a probability of making profit. Please i am not suggesting anyone to invest and just sharing my thoughts.
Below are the list of some crypto currencies i have marked as favourite. I have invested in them as they have fallen today.
That was my call , i think the market will be coming back and that we are still away from another massive downfall. Btc is not going 30k so soon but also it won't come back to 15k that easily.
What do you think ? Will we be seeing more downfalls in coming days or the scenario will change to other side. Share your thoughts and then time will tell if our thoughts were right or wrong.
That's all for today, i will be back with more blogs.
Thank you
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