Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?
The demand for the bitcoin was increasing daily, many new people joining the crypto trading.The important factor is hold your valuable bitcoin, because 2024 will be the next expected halves.So the price of bitcoin will cross the 50k mark in 2024,patience is the key to get more profit from the bitcoin.Many good project was their like bitcoin such as ETH, ADA, MATIC, XRP.This are good project other then bitcoin now.If you have some unused dollars, hold that dollar in the crypto currency.The crypto currency will return you some good profit.
Holding all throughout the bear market and selling at this point will definitely be foolish if one does that. Patience is all you need at this point. The market might be a bit down but it's nothing more than an opportunity to buy more if you can afford to do that, and if you can't afford to do that, you should at least keep holding your current assets so that you can get the profits that you have been wishing for and don't get deprived of it after reaching so close.
Even if the market doesn't enter the bull run in 2024, we will at least see the market gaining some momentum for the bull run by then which will make investors gain more confidence that the bull run is near, and the actual bull run might start in the end of 2024 or the starting of 2025.
Only noobs are the ones who would really be doing such act on which its never been that worth if we do speak about selling on loss specially on a bear market and if something you do hold like bitcoin and some top altcoins in the market on your bag then there's no point on doing that. You cant really be able to easily be breakeven on whatever losses that incur on doing such act or decision. This is why it would be always that recommended that you should really be that mindful and be wise on what are the actions you would be making. A market would be always composed with losing and winning situation or simply because of those upward and downward movement in price.
On the time that it would really be making out some price movement then as a trader or investor then it would really be just that so normal that you would really be needing to act accordingly whether you would
be holding your position or would really be selling out on the time that you do see some greens or profits on your portfolio. It is really just that market conditions couldnt really be just having that one movement
or path to take on which it would really be just that normal that you would really be needing to act wisely so that you would really be able to utilize on what are the things on your front.