Post
Topic
Board Nigeria (Naija)
Re: Always expects volatility of the crypto market at all time.
by
Spaceman1000$
on 28/09/2024, 13:21:03 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?
First you most understand that majority of the crypto investors understand the volatility of the market, and This volatility is not absolutely designed to make investors run at a loss, it's just a display of market forces which allows the investors and traders a part to sway to, wether they should sell or buy. However Bitcoin is on different pedestrian from other cryptocurrencies, so placing bitcoin side by side with other projects is like doing a great disservice to bitcoin, as we cannot ascertain the longevity of other projects.