Post
Topic
Board Trading Discussion
Re: Short term investment suggestion
by
pawanjain
on 20/07/2022, 16:04:34 UTC
Currently, the market is falling almost everyday and just as when we think that prices are recovering the market falls further.
So as per the current situation it is best to hold whatever we have and wait for the prices to settle.
We will have to wait until the bottom is reached and a reverse trend starts and may be then we can think of start investing again.

Every day the crypto market is moving a little bit, when the market goes up it seems like a bull run has started but in reality it is not. Right now I see no option but to wait for the crypto market to go downIf you invest in this situation then the possibility of loss is high so to avoid loss you should wait for the market to go down.

Looks like we are seeing some mild gains this week. It's good to see the market go green after so many days.
I hope the rally doesn't stop below $30k but at the same time we all know that a correction is incoming.
May be we will see a correction next week or just before bitcoin touches the $30k target.