Post
Topic
Board Nigeria (Naija)
Re: Always expects volatility of the crypto market at all time.
by
Jegileman
on 25/09/2024, 19:47:50 UTC
The unexpected volatility of the market is stationed to be high based on unpredictable market season. We should understand the simple basis that comes witht the market. Its been designated to make traders and investors run at heavy losses. Bitcoin and other crypto projects have their own specified time and season, exactly main reason we should be careful with these projects. Although we have the bull and bear season, we choose the precise season that's favorable for each and everyone of us. Is there any more thing I ought to be acquainted with?

Cryptocurrency is an investable asset, so you can’t want it to just be stationery. It will have to fluctuate base on its demand and supply at all time. The cryptocurrency market may have their two seasons which is the bear and bull season which is base on past historical data that is used to determine it. I will see that more as a fundamental part of the market rather than the technical aspect of it. It does happen and when your fundamental analysis and technical analysis rhyme together, you’ll be in for a big profit, both as a trader and as an investor.

Investors go for low risk of buying and holding which takes them a lot of time before they become profitable, that’s investment is a more stable cryptocurrency like bitcoin. While traders who are looking to make it rich quick, go for the higher rush of buying and selling while correctly predicting the market move. Volatility will not be there if there are no demand and supply in the market and this is applicable to both traders and investors in the crypto market.