Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.
How can you determine a Dip or Dump? A few percentage drop in price? Its not really a solid indication that we are really heading down there until we do see it on our very own eyes
on whats happening in the market.
You would really just get yourself stressed out when you do really mind off always if its a dip/crash or dump.It cant be determined before the thing happens but you could able to
observe on how the market behaves.
Its totally unpredictable and this is why dealing with crypto market is never been easier on most people or by the majority.Experience and a mix of intuitive actions do matter.
The recent dump is just a healthy price correction and with this unpredicted market, it will always be expected. So no worries. The market remains stable this time as there has no record big dumps these days.
I think OP it's better to just enjoy on whatever is happening on the market. As long as this crypto market remains to be volatile, then you should not expect for its price to stay on top. It has its bulls and bears so when the current market is up, it will surely make price corrections in the later part. As long as you know when is the best entry and exit, then all will be fine. Just buy the dip and sell when its in peak.