Honestly, I feel like Bitcoin and the Crypto market are just having fun playing mind games on us and testing a lot of crypto investors or trader's patience, emotional and trading psychology to see those who can or can not stand the test f time or in this case, the test of the prolonged bear market, when many crypto traders or investors think Bitcoin has already bottomed out because it is held at a particular price level for some time and are hoping that might be the signal for the bull run to start, the price will just shock everyone dropping or dipping down further, in my head the price of Bitcoin will be like y'all think its time or I am ready for the bull run? Nah you thought wrong, before the price of bitcoin drops or dips further and the crypto market follows suit. it did that at $37k, at $28k and it just did at that now at $20k, when it dipped down below $20k again after bouncing back up from $17k / $18k, although right now it's a struggle as $20k is still trying to hold the price from falling further.

Importance Of Solid Crypto Knowledge And Trading Psychology

This kind of bear market situation or condition is the more reason why you should have a very solid crypto education and trading psychology, so you don't lose your cool when the market is dipping and start getting emotional, because that could lead to some decisions that you might regret later because in my opinion selling off your coin or gems right now is not advisable but the truth is you can do whatever you want with your coins and trading account or portfolio, no one can tell you what to do with them because they didn't give you the money to invest or buy the coins you are holding or HODLing, you are the boss and in charge of your crypto portfolio or portfolios and open trades as well, you close them when it feels right to you whether at loss or in profit, it's your choice to make, but try to make your decisions with your head, not your heart, what I mean is try to make well calculated and facts based decision and not emotional once.

Stay strong the crypto market won't stay down forever, someday the bear market will be over and the crypto market will recover, but until then take advantage of the bear market to accumulate lots of Bitcoin and altcoins with good utility and partnerships.

THANKS GUYS FOR READING MY POST.

PLEASE FOLLOW ME ON: Discord: onwugbenuvictor#3447 Twitter: @VictorOnwugbenu

Posted Using LeoFinance ^Beta