Post
Topic
Board Altcoin Discussion
Re: Red crypto market today
by
calandra78
on 01/06/2021, 06:12:39 UTC
In different kind of market, like stocks, forex or commodities is always consist of these different trend : uptrend, sideaway and downtrend. From my personal prediction, currently market of crypto on sideaway , and then will bounce back and keep uptrend with small correction. This sideaway is usually accumulation phase by whales. I dont know how long this accumulation will go on. Only by patiently we can make money from this market, and while waiting for that we can trade on others market like stocks or forex if we are full trader.

to be honest you misunderstand if you equate investment markets like forex and others with the crypto market.
If you study the crypto market further you will probably see how the difference is most noticeable.
nowadays there is a game of people with big capital in the crypto market. if we are a small player, we must decide to immediately follow the current market created or decide to exit the market.