Post
Topic
Board Speculation
Re: Price fluctuations - Opportunity or despair?
by
gabbie2010
on 18/10/2019, 22:13:37 UTC
How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
Professional traders do not despair when there is price fluctuations which synonymous with cryptos rather a good trader will grab any opportunity that avail itself either in bullish or bearish season while analyzing appropriate areas or zones where to buy or sell of course this requires some element of expertise to be able to make profits consistently whereas hodlers will fears any massive dump or fluctuations.