Now that the whole market condition is highly disgusting and discouraging, what attitude do you think both investors and bounty hunters should have? In my own view, I think there is a need for optimistic attitude. Many are pessimistic as to whether crypto market will I ever recover. Many crypto lovers keep asking themselves will crypto market ever recover? . The way I look at it is that we need to be highly optimistic for a recovery for better profit making. I don't know if you agree with me.
Please let me know your opinion.
There are two type of people, one who understand market and trade according to it and the second who aren't that good at trading. In both the case optimistic attitude isn't a solution for bearish trend. Good traders usually hedge or play shorts in such market. While the latter keep holding their bags throughout the bear phase and end up selling at low prices. At least try to understand the market bottom. If your coin is at the market bottom, be optimistic and don't sell until bull phase.
True indeed, it sounds fairly straightforward to do trading while turning a profit if you leave the emotion aside and focus on the technicals. Also good traders do not fall in love with their investments during a bull market but sell them when prices are surging. Most are clinging to their holdings during a market cycle shift and loose most if not all their gains.