Trading this period can be so uncertain unlike few months ago where you can clearly see the movement of the asset yor are trading but this time around, the war incident of Iranian government and Israel, and the government of Trump is making market so uncertain. You can be shorting or longing and before you know it, you get sweep off by liquidity due news release. I am beginning to think that once we are about to enter Bitcoin bear season or when we are already in Bitcoin bear season, a bad incident will take place to make the price of Bitcoin dip and if what am thinking is true, this war might really have a side effects on Bitcoin but whatever price does, we should hold tight and buy more because after bear season, the bull season will emerge.
These days, the market has a significant impact on both traders and investors. Since the market hasn't recovered yet, we can observe that most traders and investors are very quiet. This is because the market's movement is unimpressive, which will make traders even less enjoy trading. The best option of action for investors right now, in my opinion, is to hold onto their money until the market stabilizes.
Although the crypto market has fluctuated since Donald Trump was elected president, and before he was elected, he promised to make the cryptocurrency market more better and more standard, we are about half of the year now and there has been no change. The most shocking thing is that when the price of Bitcoin falls, the Alt Coins can undoubtedly follow as well, but when the price of Bitcoin rises, the Alt Coins can only remain constant.