Thoughts on the reason of current sell off, lessons learnt and what to do to prevent further downfall in the future
in actuality there is only a single reason but due to it nature it might as though seem like there is more to it which actually there is so the bubble is actually caused by uncertainty in asia which that in itself has lead to spiral effect or a slippery slope for instance if i was to throw a punch at you,you either duck or it catches you hence you punch back .that cause and effect...so what happening in asia is actually the punch now people are either ducking or throwing punches back,ducking in the sense of cashing out and throwing puches back which is investing so currently people are actually ducking to avoid the fall but at the same time everyone is awaiting for a time to capitalize on and then punch and hence completing the circle.....so what is actually happening in asia is that regulatory pressure is coming in hard from both china and south korea...data from coin market cap shows the ratio of bear sentiment arising from the perplex situation in seoul and news of additional trading sanctions from beijing, china. so this is the punch which is initiating the cause and effect spiral so people generally being themselves are reacting to this bubble by most largely cashing out...leading to 40% drop in bitcoin and alt coin as off jan 16 which has since dropped further
basically the amount of money waiting to come in makes a prolonged bear market close to impossible so everyone that matters is looking into crypyo right now.which is really everyone...the major lesson is just the fact that crypto currency market is volatile and has it ups and downs basically anyone who is really really into cryto should know that so for people actually starting out this is a good time to invest and for the ones already in the game this is just the period to reflect and on look on, count your loses or gain😂and try as much as possible to retrategize..the major lesson or experience from this is dont invest more than what you can lose though it not really like it all over certainly things will surely even out but the major questions is how along can you hold out for....has it shaped how i invest? not really because like currently the lose is almost widely across so you just have to pick that perfect coin to escape it all which basically is one out if a hundred the odds just doesnt make sense... will this impact how i managed my portfolio? that a most definate yes..so the questions are do i cash out or hold out that is drive the storm and if i was to cash out[sell out] when will the right time be there lots of things to consider in this aspect which is very crucial...it could mold or break a ,man if you know what I mean
SO THE QUESTION NOW IS HOW DOBWE PREVENT THIS FLUX IN THE FUTURE
and the truthful answer that question is much can really be done
This news will break out people being themselves will react
So actually to stop all this is from happening we will have to stop all these sorts of news from breaking out which is near to impossible
That why the media exists to expose informations or news of these sort effectively..
But to be creative
Educating people about the volatile nature of crypto so that they desist from panicking and selling out
That 1
2
Back channelling the news that might actually lead to a negative bubble and confirming it authenticity cause at times these news might actaully be a coax which is just put out to cause chaos and panicky within the crypto world
And 3
Don't follow the crowd
And let people know about this simple easy and straightforward phenomenon cause it actually what prompts large mass chaos
My neighbors are cashing out lemme cash out. it not really benefiting anyone cause by the time you follow suit probably you have already incurred large amount of lose instead of critically analysing your options you decide to copy your neighbors or friends thus the circle continues
So the education of the simple things could yet be effective towards curbing and stopping indefinite flux
Buh note I feel it just inevitable
It just the nature of crypto market...it observes up and down trends that what the market thrives on
I hope you have found my analysis thorough and scintillating thanks☺️