Cryptocurrency on fire as it bounces back from a big fall
Cryptocurrency is one investment or project out there that you can never predict. One moment we are in bear market and the other moment we are in bull market. For you to be able to enjoys what cryptocurrency has to offer you have to be among those who are patient. No wonder it was stated that good things comes to those who waits. I must say that during the fast decline that happened in the cryptocurrency market recently due to what happened to one of the biggest bank out there, I was thinking that the cryptocurrency market will be finding it difficult to bounce back from the fall but to my biggest surprise I saw that the market is back to how it uses to be. It was like a twinkle of an eye and we are back to more than our best. During the decline I saw someone posting about how this will affect cryptocurrency in a very bad way. I don't like checking my portfolio but I must admit that on that period I keep checking up on my portfolio and the outcome was devastating. I was really sad seeing my portfolio going down more than 80%. The more it goes down the more I thinks there is no hope for the market to catch up.
Just like what I hinted above, I was just looking at my portfolio everyday and that makes me to get sad almost all the time I checks it. I have budgeted some of my cryptocurrency savings for me to be able to use it to sort some issues, especially the money I am holding some person's. I was surprised that while thinking that such money will be used to tackle such issue, cryptocurrency has stolen all from me as my portfolio went down, more than 80%. Normally I knows that when it comes to cryptocurrency ecosystem and the blockchain at large, I knows that things like this happens. I am no longer new to this space. I know for sure that cryptocurrency ecosystem is filled with ups and downs. It is those with strong mind that can survive in this ecosystem. If you are with a faint hearted I will advice you to check on another ecosystem. The cryptocurrency ecosystem won't spare you at all. You will surely dance to it tune by experiencing the bear and bull season.
One thing that I will tell you is that whatsoever thing that is happening in the cryptocurrency ecosystem you should not be carried away otherwise disappointment might be the story of the day. Almost everybody are on this table. The moment that they sees that the cryptocurrency project that they invested in is doing well you will see them believing that the project will keep doing more and more. Many people get carried away by the bull run thinking that things will always goes up all the time. We all knows that when it comes to cryptocurrency ecosystem it does not go like that. The moment is going well, the more it will be vital to take your opportunity. Well, that aside, below are some of the things to do during bull run. They include;
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Research: When you see the cryptocurrency ecosystem doing well, for you not to be carried away it will be better to do your own research. The more you do research about something the more knowledgeable you will be. With the research acquired you will decide if to hold or sold.
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Engagement in cryptocurrency project: Remember that I said that the bear market is for builders to build different cryptocurrency project while the bull run is to launch that cryptocurrency project. Now what to do is to key into those new cryptocurrency and invest, while investing you should use your brain. Always invest your spare cash.
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Launching of cryptocurrency Project: Just like what I hinted above, we all should knows that since the bear market is for building we all should knows that the bull market is to launch those cryptocurrency project. If you are a builder this is for you, the bull run right now is to launch your cryptocurrency project. This is the best time you can ever think of such.
I will end the post here, I hope you love it.
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