Ever since I learned about Bitcoin, and crypto in general, people warned me this cryptomarket is super volatile.
expect huge heights and abnormal lows
So, with this in mind, and the fact that I’m no day trader, I’ll just look at these markets as they come and go.
Everyone stressed and surprised
All these established media jumped right on the huge downtrend of Bitcoin and other cryptos. Saying it is a bubble and one could have expected this and so on.
Since I also don’t know everything I made it myself a habit to do some research before jumping around like a headless chicken.
They jump on market crashes but if they see everything becoming green again on these very same markets, those news reports are nowhere to be found.
Volatility is key
If everyone who trades accept the market volatility, and never speculate with money they can not lose, there are bot much problems in my opinion.
just sit on your hands and ride the waves!
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Indeed always the same news... what bothers me even more are the comments of the newspaper readers, as if they know all about it but actually they don’t even know what cryptocurrency is...
This is a needed correction if you want to understand true values of the cryptomarket. You cannot see through the hoopla easily until the markets crash and linger down for a while.
That is very true...crypto market is volatile in nature... The coin which gains more than 1000% in a year, and if it goes down by 30% , is it really a loss? r
Yeah, they love to preach doom when the markets are red and when they are green claim is all a bubble. They are pathetic!
Everyone is going insane with the plunge! 😝