Patience in cryptocurrency market

This time the kind of situation we see in the market is terrible from the investors point of view. The Crypto market is highly volatile and if you're part of the market then I am sure you know it. Until last month were getting good market vibes but all of sudden this month turned negative.

Now bitcoin is below 100K price and alt coins are very low because generally drop in Bitcoin is less and it's very high impact on the alt coins. If we look at the market overall so I would say that this is not the time to trade and it's also not the time to panic. Its time for the patience and understanding the market well so that we don't take decisions that might put us in loss making situation.

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I believe in long term investing and this is why I am not much concerned when I see big price drop or crash in cryptocurrency market and I also try to see if I can utilise the opportunity to buy some. Generally this is a good time to buy and get profits on short term because of fast recovery after market crash.

This was the biggest crash in market that we have ever seen in a day and it looks bigger also because now bitcoin price is high so even smaller percentage brings bigger dollars value. What do you think that how this market is going to be and are we going to see recovery soon. Also is there any possibility to see it growing once this month like we have seen last month in January.

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