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?
These ups and downs occur occasionally in the cryptocurrency market. It is normal. It does not mean that it will pump too soon. I think these hyperness are in the beginning of a trader. But do not fall into the trap of seeing these signals of the market. I myself have fallen into the trap many times while investing in these signals. In this situation, I would say to keep the market under observation and if you want to make a long-term investment, then you can invest periodically in other top level alternative points including Bitcoin.
The fact is that nobody knows what will happen next and I don't listen to those signal groups as well.
As I have faith in that market, therefore, I believe that the pump will be next but it doesn't mean that right away. Of course, recovery will take time so we need to extend our patience and remain holding. But the best thing to do for now is to accumulate as we have given more time to do it before the so-called Bull Run occurs. Actually, this is really how the crypto market looks like, it pumps yesterday and dumps today, and vice versa...