I am confessing that I am really shaken out by the super volatility of the markets with regards to its wild price swings. One prime example was the price of STEEM as many are not expecting a very big drop in its price. I was scratching my head for buying to early because it dipped further into the .70's cents per steem because I could have bought more if i did waited for a little more time.
Well that is cryptos is all about, its unpredictability sometimes makes people lose money, but of course you will only lose money if you sell for less than you bought it from. So holding is one of the keys in trading plus patience and of course doing your own research about crypto trading because you may lose money if you are not ever so careful enough.
So it makes me worried sometimes because this bear market might last for months and it might outlive me. It is okay though but I just needed to fulfill my goals in life and I am hoping that cryptos will cooperate on my life endeavors and I wanted some action already as time is running out and life really is short in my situation.
Cryptos just makes things excited for me because the waiting for your positions to execute once that your coin got sold is one of the most pleasurable feeling in a trader's experience. So I am just so very patient about it all and hoping for that bull run by Bitcoin to go ahead again and make a domino effect for other cryptocurrencies like what it has done in the past. The market goes in cycles, that is a given fact so in the next way up I will be sure to sell because I do not want to be left again. But then again what if it goes higher?