All coins in the market may not be bullish: My perspective
All coins in the market may not be bullish: My perspective
I was just sitting in the living room and thinking about the bull run that is just around the corner, I began to think about the possibility of other coins not responding to the surge that comes with the bull run. This thought reminds me of some coins in my wallet which have lost value and are more than useless. Leaving them there is doing nothing than causing heart breaks.
A lot of cryptocurrency enthusiasts and traders are waiting patiently and watching chats daily in order to be abreast with market trends and updates. Even as the BTC is aiming at beating the ATH of $69,040 as witnessed in November 2021¹. As at this morning, the price of a #bitcoin stands at $63,102.04² . There is every possibility of beating the current Aths because anything is possible in the world of cryptocurrency. Also, it may not get to that. I am not giving financial advice though. But at times one should not let FOMO drive one's emotions to making decisions that might at the end of the day not go well.
I stated some time ago on this platform as well as on my X account that #hive has every tendency of surpassing its ATHS, checking the price of hive now you would agree with me that there has been a constant growth for the past weeks. Holding hive is the best decision one can take as the bull approaches. One thing is certain that BTC will surge.
The tendency of other coins not experiencing the bull is very possible. That's why people need to be guided on which coin has the tendency to be massively bullish. I got a call from a friend from the office who informed me of getting new coins against the bullish period. I told him to do some research before investing in them. However, some people think that just because a coin had a conspicuously high price during its Aths is a more reason that its value will increase in price. This is also same as In the ATL
Making trading decisions, based solely on the excitement surrounding an ATH is inherently risky. ³ one should consider the risk factors as well as the reward involved before going into a trade.
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