What are your current opinions on the cryptocurrency market?
For Sure we are going to recover from here in my opinion, Looking at the stage of the market, It is likely that the crypto market is really getting exhausted and therefore we do have bigger chance to go upwards than to futher go downwards , However there is still the possibility that we aren't yet gotten to the bottom of the market , but for me I'm becoming more bullish right now than bearish , Why? I think we're in the capitulation phase , more panic and uncertainty in the market regarding the direction which the market is to take.
All “healthy” bear markets have relief rallies but we can't ignore the never before seen multitude of macro issues globally.
That’s why is the key to trade with the market tides and not with FOMO
I hope people are realizing that.
Don't lose in hand and try to catch one you just lost. Stay safe and let's enjoy it...
Not that bad if you do make yourself eager on getting those losses back but the key here is that dont make yourself ending up or acting up as a gambler but rather you should really make yourself that dedicative on things which you do know that you could able to achieve or able to hit that goal.
Whenever you do loss then dont make yourself desperate on getting it back.Always follow your analysis and set out good risk management and also with your finances and come to speak with this very unpredictable
market which it is really hard to know on where it would be going then its just normal to have those kind of dealing.