Post
Topic
Board Trading Discussion
Re: What is happening with Crypto market
by
BuNga_cute
on 08/10/2022, 03:54:14 UTC

But even so, we can still hope that when the market is bearish, we can still try to make a profit, even if not much. Yes, inflation is happening worldwide, but if we can act according to the circumstances and try to make the most of it, I don't think we will be affected by inflation and survive. But I don't expect hype from Elon Musk because he only thinks about himself. It is better to wait for other good news that can improve the market even a little.
Yeah, might say it was hard to earn a profit this time but if you are a skilled trader, it is not impossible. What just we need is to remain strong and have faith in our invested coins. We don't let our emotions bother us too much as this will lead the wrong way. The more we think about the situation, the more it affects our mindset, and can't even think of the right thing to do.

Well, in regards to Elon Musk, it was uncertain.

We have to be ready regardless of market conditions, because as you said, we can still make a profit in a bear market situation. So don't stress
about seeing the market situation that hasn't improved, we just need to find a way to deal with a bear market. The most important thing is that
if we have good analytical skills, and can control our emotions, then making a profit in a bear market situation can be done. Therefore, do not
be lazy to develop our trading skills.

If indeed we do not have good analytical skills, in a bear market situation we can collect Bitcoin which is proven to be safe to buy. So there's a lot
we can do in a bear market situation, then it depends on each of us whether we can see the positive side of the bear market or not. If we are able
to see the positive side of a bear market, we will definitely find a way to make a profit in a bear market situation. Regarding Elon Musk, we should
just ignore it, because we really can't expect anything from Elon Musk, people like Elon Musk always have his own plans that can benefit himself.
So it's better to just focus on ourselves and don't care about what Elon Musk says and does.