TAKING THE BEAR BY IT'S EAR
I was watching a short documentary about how bears are tagged and apparently they're usually tagged on their ears and collars on their necks so as to be able to properly track them and their location. This is the same for almost a wide range of animals as well.
I got thinking this is not so different with the cryptocurrency market itself. Everyone is focused on monitoring and tracking price changes from day to day just to get an idea of where the market is headed, hence we have the dip for bearish and pump for bullish.
Price might not be the only focus to the market but it is easily the biggest thing that is being monitored (everyone loves a good profit) and once you take away profit, people begin to loose interest. This is what has been happening during this dip so far, there's been a lot of losses and people are beginning to become skeptical in investing more.
Just as the advantages of having high prices were enjoyed we should also start looking at the advantages of low prices. Hence if you've been taking the bull by its horns why not also take the bear by it's ears. There's so much to the bearish than just losses.
Low prices can be an advantage for investing. Given that we've experienced a lot of bearish and Bullish seasons in the past, it's a strong indication that although we're in the dip prices will rise again. This alone helps you to remove some of the reluctance with investing.
Also low prices means more units and there's no better time to buy than when prices are low while waiting for another bulllish. This helps to familiarize yourself with patience and other needed emotional checks which is something that is needed in abundance when trading cryptocurrencies.
We're still in the dip, tag a crypto project today which you believe has a great potential. Research and monitor and finally start taking advantage of this dip (taking the bear by it's ears).
Posted using LeoFinance Mobile
