A ROLLER COASTER RIDE FOR THE CRYPTO MARKET

in Tron Fan Club2 years ago

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This year has already proven to be a roller coaster ride for the crypto market. We have had a price pump, and we have had need a new narrative for fear and hope among investors. On the other hand, there is all of this excitement that has been seen building up around changing monetary conditions. The potential for the FED to change course soon, and the potential to make fortune in just a matter of months is also getting a lot over-excited and people have been making fortune already. There is a lot of concern about the possible recession and we have an increase in regulations that are coming for the cryptocurrency industry that if done wrong, it could actually shake the industry to the core.

The first thing to do to be ready for what is coming is to make a plan. You should make a plan and stick to it and you should consider how much can invest every month. You should also consider how you can save more money to be able to invest, you can spend less and save more. When you are ready to invest, you will consider where you want to invest and what coin you want to invest in. It is also important that you a flexible because things can change very fast in the market and it is critical to update your thinking. Bull of Bear is not an identity, it is a current situation in the market.


The bear market creates a real sense of PTSD, you can get stocked with some bottom that may never come. You constantly move those targets when prices do go down. You state sideline way too long and re-enter the markets when turning too hot and then against you. You end up putting your money are the worst time and most people buy at the worst time. You have to be flexible, you have to know how to jump on opportunities when they come and they are coming. Those narratives can change very fast in the market and new narrative often means new price rallies for those major individual sectors but don't confuse stability with bad times. For example, when you finally decide to put money into that coin that just pumped a thousand percent, it is dangerous to invest at that time. You also need to educate yourself about the space, even the market sometime rewards the gambler but most time it favors the student. Crypto is a big learning curve but there huge amount of resources to learn about to stay up to date on what is going on in the market.

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