What will the the consequences? Will the downfall stop? we had a correction a week before but this is correction 2? #CryptoMarketDip #BullCyclePrediction $BTC $BNB
Lot of people lost money today including me in leverage trading due to market fluctuations.
People are now posting "crypto is a scam" in the feed to vent there frustration. But i wonder why thay didn't complain on the same spike on "Bull run"!
Some ask for SEC to introduce tough law on crypto trading. I suggest you to try something other than crypto.
This is a free market and everyone is free to do what thay like including drop crypto from trading on there life. but sure that won't be doing it.
Crypto is our freedom and hope it will stay free. enjoy the wave and be cautious on your investment on short-term trading.
Recent days I see people posting losses and seeking openion.
1. All trades have rules to follow and tricks to learn this is applicable to #CriptoTrading , #currency equity and commodities.
2. F&O are for high-level people who understands the market and invest accordingly. please avoid if you are not familiar with market/currency movement. The greed will empty your bank.
3. Avoid online advice and advertisements claiming you can earn and become billionaire. Do the math you can become billionaire if you invest the necessary money.
4. Trading need to be very disciplined if you have small amount of money. You won't sustain for long time if you are not discipline and follow rules of trading.
Don't fall for get rich quick scheme that will not work for normal people. You can find lot of options just learn one option that suits your investment and work with it.
Everyone know that creation of Bitcoin is to decouple from existing banking system but we are still hooked up on the same system.
The reason: 1. Transactions done on everyday life with non crypto people. 2. Conversation of actual value to crypto. 3. Fear of collapse of crypto due to fluctuations.
This reason we cannot overcome but to make matters worst is that governments involved in crypto.
I have resently seeing lot of post on USD being dropped from circulation and it will affect #USDT but nothing more on crypto. It will affect few days of trading till people switch to old trading methods before USDT.
So we need to balance the financial assets based on the trends. Investment is good but easy money won't say forever.