Okay, for the past 30 days, major cryptocurrencies had faced a “pump-and-dump” pattern, for leisure traders like me, it granted us opportunities to enter the market and flushed out disruptive traders and for new “whales” to be granted of their position.
However on the good sight, the volatility only fluctuates within a stipulated zone meaning to say it is for the trading to gain support and this support will be a base for further movements, normally upwards.
Not sure if this is a deja-vu that prior to the bull run 2 years back. Same trades patterns were seen. 😉 Can’t wait especially Bitcoin is halving in May 2020.
I wonder if it’s a psychological effect that it will boost the price or rather it’s downright to the supply and demands where the Governments are slowly accepting bitcoin as a form of payments/ usage.
Not sure if the volatility is something that the Governments or the Future of Work would want to deal with. Should I even consider to shift my investments to Copytrading? Argh.
The inner demons are making their ways in. And I do know that if one is looking at short terms gains, one should consider Copytrading/ Forex and not Crypto.
Comments below. 🙂