#club5050 : Stand with Steem // Crypto is future ✨ .. Situation analysis by @shahidchoudary
Greetings to you all out there !!
I hope everyone is fine. As you may have fetched from the heading i am here to share my analysis regarding crypto market now a days. Everyone has its own frame of observations and making statements and so do i have. So I decided to share my Point of view regarding this.
How mentality of people in market decides the trend of market?
Any market in real life physically or any over the internet has a major thing in common that is mentality of the people in the market. These people include sellers, buyers, stockers and advisers. Let me explain how these act in reality.
For example if a group of people come up with a thinking that the market is going to crash and in future the something horrific will happen. Now this will ultimately create a Panic in them and they will tend to instant selling instead of observing real trends and accurate signals. Now the information will be further spread and it would create a Market panic and there is a specific term for this situation and it is termed as Negative behaviour of market. In such a situation the market tends towards selling and it leads to over selling condition and it has an advantage as well, let me tell you how. When such a Panic occurs after that the market must faces an uprise and the market gets back to it rising trend. So you can say that it provides an extra edge later.
Current situation :-
Recently there has been a prepogenda worldwide to defame the digital currencies because the mafia don't want to let everything go of their hands. Different governments had tried to ban it and it defamed it in their countries and similarly different kind of agendas on social media are continue who claim that all this is just fraud and nothing else.
These agendas has been successfull upto some extent as they have successfully started a panic in market that lead to an decrease that is overall the lowest among previous all months. Even this situation could be a golden opportunity especially if you were thinking to invest and below i will explain you that how it have became more worthy to invest right now so keep reading .
Best Time to buy and hold ✨✨;
It is obvious that each trading has two basic principles;
" The rate should be as low as possible while buying and maximum as possible while selling. "
Now consider the current situation in your mind. If you are following the values and graph of markets then i am sure that you are aware of this opportunity. So i must say that this is the biggest moment of investment and it could be a kick start.
It is obvious that values could fall more but keeping history in mind it is very less likely to happen but the profit is much more than anything else and if you are having bad days and let's suppose you fail to generate that profit the loss is nothing in accordance with the profit. So i believe that playing some risky game is much better than not playing at all so just go and grab the opportunity and don't wait my friend this is best time to buy and hold.
THANK YOU ALL FOR READING. LEAVE YOUR QUERIES AND VALUABLE FEEDBACK IN THE COMMENTS SECTION. 😊
Cc ;
@steemcurator01
@writingnreviews
