Quote from: Argoo on May 20, 2021, 11:29:26 AM

The fall in prices in the cryptocurrency market will always be sudden, no matter how many people warn about it. Cryptocurrency has been growing in price for six months, many of its types have grown in price hundreds of times. A correction and a fall was obvious and inevitable.
The question now is how deep this fall will be and how quickly the market will recover. So far, I do not see any forecasts in this regard. Today we saw the first ray of hope. In the morning I saw the price of bitcoin $ 38,172, after a few hours its price rose to $ 39,595, and now it is $ 40,035. Is this a temporary spike in price or have we already passed the bottom of the fall?

The increases are sudden as well so I do not think that it is really that much of an important thing. The suddenness will always be there but the fact that some people do not realize how great it could be if you could calculate "how much" it is instead of "when" that would be the real thing. I have seen people selling as low as under 35k dollars for example, which already bounced back, so if you want to leave even leaving after the bounce would have been smarter decision whereas some people completely forgot to do that.

This is why I believe it is very important to focus on how much instead of when. Like let's say we are at 36k or so right now right? Do not try to guess when it will go up, just try to guess how much, if you can do that you can make profit, if it goes to 55k again, buy now and put a sell order at 55k and that way you can profit, doesn't matter when if you know how much.