Cryptocurrency Is Unpredictable But Profitable

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Cryptocurrency happens to be more of a taking point when prices are down and this is because of the way some people view the market that made it more of a challenging investment to engage in. We all have different mindset towards cryptocurrency likewise we have a goal we wish to achieve but then the market is a problem for some people to invest while it is an opportunity for other people to utilize.

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The mindset we bring to cryptocurrency determines the patience and Investments strategy we can put in place to invest and also this is a market where we really don't know much but the little we understand or know can play a positive impact to maintain the aim of Investing in cryptocurrency without panicking.

I sometimes ask myself if there are throughly people who are expert in cryptocurrency because if these people understand how this market works there wouldn't be that much of a downtrend of price since it is the activities of most investors that affects this market when they buy or sell.

The only thing I could agree is that the Crypto market involves two type of market fluctuations which is the bear and bull market and the reason is that the market isn't stable which is something that we must experience without doubt. However this is where individuals or investors needs to capitalize on if they really want to enjoy cryptocurrency.

The funny but exciting part about the two market is that both are beneficial but operates in different forms. We know that the bear market doesn't seem encouraging as prices are going down but it is the main target that needs to be utilized to invest in other to enjoy or benefit more when the bull takes over the market.

I really can't say i understand how the market operates but what I know is that after the bear market comes the bull. It is just that I really don't know why the bear market have a longer trend that the bull market which have occured before and is repeating itself again.

The truth is cryptocurrency is unpredictable because we really can't predict the price that may occur or fluctuate next, but what we are rest assured is that cryptocurrency is profitable but requires patience. The patience is what most people lack because of the fast money they wish Crypto can deliver on time.

Being a cryptocurrency Investor, we should have the mindset that we don't know all about the market but what can be useful is past experience about the market and the step needed to utilize it. We need to understand how to invest during the bear and bull market in other not to make wrong choices or decisions because buying during the bear market is very advisable because of future profits.

And also we should know that selling during the bear can be shortage. We are not perfect in cryptocurrency but we are opportuned to learn and if we can try to understand all this steps require to utilize cryptocurrency. I believe there would be changes in our investment made and also our mindset towards it if we calm down to understand it more.

This is my contribution to the @hiveghana topic for the week and I appreciate you guys and keep up the good work.



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3 comments
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Bang, I did it again... I just rehived your post!
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Despite its unpredictability, cryptocurrency has proven to be a lucrative investment opportunity - one that requires strategic planning, patience, and determination.

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It have teach us a lot that also play an important role in our daily lives which is very much appreciated.

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