Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
When things are good nobody complain about things are going too smoothly and they can no longer take it, but immediately things are a bit rough around the edges, complains are what you see on a daily basis, nobody said life will be smooth as butter all through, pandemic only started 2019 but before that time many people live a healthy life and has the freedom to do whatever they want without fear or restrictions, even then many did not appreciate their good health and freedom, now things have change but that don't mean it will remain this way, better days will surely come around again if we are patience enough.
We don't appreciate what we have until we lose it.
You are right and this also reminds me of the weird rebound the markets did in the beginning of the pandemic you remember that?I think it was April or May 2020 when the pandemic fully hit us all, but out of a sudden the markets did one record after another even though it was unclear whether we would have vaccines or not. All those social actions are obviously irrational. There was no reasonable explanation for the markets to cover. I think humanity is too much infiltrated with greed and as soon as there are bumps in the road everyone freaks out.