Patiently Dealing with the Crypto market

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For weeks now, the crypto market has been a red blood bath and many things has gone overboard. The market price of coins has continuously decreased with seamlessly frequent transactions going on as many people are trying to recover from their lost before knowing the next stop to pick but the thing is that the more crypto users wait for the table to turn for their favor, the more the market dippens, providing users with two options with is either converting their coins to a stable currency such as USDT or selling off what they have so as not to loose all. This confusion in crypto market continues to blow hot and cold because one might decide to convert to a stable coin and the next minutes the market becomes favorable as gains starts to come in that what was lost would be regained and other gains made or one can leave the coin for it to turn to a better use but it continues to depreciate in market value.

The subject matter of patience and handling it with hope is something that is difficult because in the crypto market, one can literally watch the money invested either vanish or make up to something and the duration it takes to make up to something, its unknown. Patience is one key virtue anybody entering into crypto must have before the journey starts. It is not something that you will have thereafter you enter the journey cause if you do, you would bear the consequences as before you even realize that, a lot of damages has been done owing to the back and front the crypto market has been going. Patience is one key virtue but it takes more than patience to deal with crypto and be successful. Patience is just one of them.

Understanding Time and Chance In the Crypto Market

The understanding of crypto is a continuous process. It is not something that one knows the wholesomeness of it with one glance. Besides it doesn't even matter how long you have been into crypto, one is still deficient of some things which are very important and as a matter of fact, no one graduates in the school of crypto. There are many laws about crypto and some of them are tied to seasons the crypto market is. This means that the law guiding the bull period can't be applied to that of bear season, they are just two separate things that don't interwove.

The law of time and chance and understanding what it really means in crypto has to do with making the best move about a coin in the crypto market. This best move can be making at the best time of it when the coin is low or selling the coin at its best when the price of the coin is high. Yes we know that the crypto market is too volatile and unpredictable but when it comes to the understanding of the law behind time and chance in the crypto market, the dip and bear doesn't affect it. Time and chance is also a product of patience in the crypto market because one needs to be patient enough before even reaping the good gifts that time and patience presents.

Making Good Use of the Dip Season

Yea as at the moment, compared to the previous months of the year we are into, we are into the dip season. I don't need to be told, thousands of dollars has been lost by many crypto users and as the market even continues to go down, more is also lost but this is not the end. Provided that the coins one stocked came from a strong backup and has a good foundation of functionalities, it will bounce back, it is just a matter of time.

Here is the dip season and making the best out of it is simply buying the coins of good reputation, you can even try meme coins or sports coins since they are in the dip and be patient enough as the dip is over, the bull will surely come. Normally after the rain comes sunshine but the duration it takes for it to come we don't know but it must surely come. Buying and stocking whilst in dip is a good strategy because the market price will pay off soonest.

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Posted Using InLeo Alpha