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Market is green but Still Unpredictable

avatar of @alokkumar121
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@alokkumar121
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3 min read

We all love to see the crypto market green and hardly anyone would be happy to see the red color. The last couple of days has been good for the market as we can see the prices going up. Some people are saying that we are heading toward the Bull run but I don't think that it is that the Bull run will stay long however it can be a temporary pump in the prices which may stay for a few weeks. Obviously, it is a market and no prediction can go absolutely correct.

Most of the crypto prices are in green and even Give is more than $0.35 whereas it was around $0.26. There was a lot of negativity in the market and all of a sudden things are turning out to be good and even people have positive sentiments in the crypto space. This is not the first time I have seen this in my journey and there have been multiple instances when I have seen a lot of negativity around and all of sudden a shift from negative to positive sentiment. We have to understand that no market can stay in red for so long and the same is applicable to the green color as well.

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We need to learn this part and plan our actions accordingly so that things, that are available at lower prices we need to buy and sell only when things are in green and that we are getting a decent percentage of profit.

I am still on my plan which is to buy more crypto this time because if the prices go further hi then it will not be possible for me to buy more and that is why I am trying to accumulate more at this time. For the last few months, I have been posting with a 100% power-up so that I can accumulate more hive power. I will continue to follow the same because I am focused on growing my stake and to make the process easy I simply choose the 100% power-up option. I can go with 50-50 and use the hbd to convert in the hive but I think that with a 100% power-up option, I can make the process so easy and save my time. I usually avoid manual intervention and this is why I prefer to go with the option that saves time and this is the reason why I prefer to go with 100% power up.

I am also accumulating more assets in the sprinterlands game apart from the hive as sps is available so cheaply and I am trying to make it 100k as soon as possible. I already have DCA ongoing for BTC, Ethereum, and matic. I have limited funds and with this, I am trying to grow my holding during the bear market. Things take time to grow and this is what I follow with my investment strategy encrypt of where I keep my investment diversified as well as give it enough time to accumulate and grow over the period of time.

I am looking for the next Bull run which I expect should be happening in the next couple of years and until then I will continue to build. I will try not to lose my focus with any small pump on the price because booking profit at this stage is not good and I might lose my focus which is why I am trying to avoid this type of scenario in my crypto journey.

Thank you

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