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Trading with cryptos involves an amount of sheer luck even though sometimes it is like a predictable moment where you almost knew the outcome of what you are expecting, sometimes you will feel genius if you sell at an apparent top but you feel like an idiot if you sell at a supposed top and then the price goes higher. Often you will catch a falling knife because you thought everything will come right back up again but will not and you are stuck now with a useless bag of cryptos that doesn't even give you interests like staking rewards.
There are moments if you sell at a supposed top and it goes low you will feel a sense of relief thanking yourself and patting yourself at the back for a job well done. But it is part of the game as the world of cryptos also are influenced by many forces like government actions, global medical events like the pandemic, bad news, good news, and rumors among many other factors affecting its growth and price action. But at least if you are involved in cryptocurrency trading for example you have some money to trade, that is your trade and you are not broke, earing at home unlike many other people out there who doesn't know what they are missing with cryptocurrency has to offer.
Now almost everyone is not that happy with the recent slump of the price of #BTC but Bitcoin is already at $47K price which is better than last year. It is just we that saw BTC climbed at around $69K+ and that we all feel that it somewhat crashed considering that BTC is just designed to rise up in value over time. Everyone expects BTC to soar at around near or maybe even over $100K this year alone so I think everybody are anxious about it. But who knows?, the world is round and everything is a possibility for every crypto assets out there may it be to a perpetual downtrend or an almost predictable price in the long-term perspective like that from BTC's fundamentals.
Just like the price or volatility of BTC alone it just affects our feelings. Some people suggests that to turn off our computers for a while and not look at the markets where in the other hand it is just the time to look at the markets and see some slumped coin to buy because really you do not want to buy at the times when cryptos are soaring.
The good news is that the sentiment of the people changes, it is like a wheel, up and down and up and down. You just have to learn how to ride the oscillating price waves so that you will not miss the opportunities to gain more cryptos or profits. But again it is not as easy as it sounds so we just have to learn and research before doing something that we will either be happy with or regret later but cryptos indeed gives some excitement and happiness in our lives if not the peace of mind for our lives.
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ⒷⓛⓤⓡⓣKinda Ⓛⓞⓥⓔⓢ Ⓨⓞⓤ
