Post
Topic
Board Trading Discussion
Re: Bear vs Bull : The Beauty Of Cryptocurrency
by
LUCKMCFLY
on 17/04/2022, 20:36:57 UTC
It can go both ways, either good or bad. What matters the most is how you prepare yourself or the kind of plan that you have made before investing in the market. Some people are fond of investing too much more than they can handle when the market starts to dip. And in that case you might be in a position where you are in need of the money that you have invested in the market.

You would have no other alternative than to sell when the market is bearish and that means you have lost your money for good. So, the bearish trend can affect some people negatively. It is only good when you invest more than you can afford to risk and if the market starts becoming bearish you can then have enough money to also buy more coins.

In fact, right now I don't have a good understanding of the market, maybe because of what is currently happening in the world, the war, covid-19, I don't know how to determine the movements of the market, but I think that if the market goes down price it is good to continue buying, taking into account the premise that the last aath was for almost $70k the whales do not let the price drop much, this means that if we buy right now it is not a bad idea, of course this is just my thoughts, but looking at the chart I sense that.