While many of us can be in a hurry, or better yet, excited about potential market conditions, the market does not get excited and does not care; the market is in no hurry.
The market; our market, the Cryptocurrency market, moves in cycles and within these cycles we have waves.
The market grew really strong in 2023, our recovery year and this growth continued even through early 2024. This growth period is set to continue, it is set to become even stronger and enter 2025; the best part is yet to come. But before this major bull-market we have been tracking and expecting we have a correction taking place.
It is no longer speculation, guessing or predictions, the chart here clearly shows a 40% drop, which is already big enough, but my theory is that there is more because the market is in no hurry. In fact, the market likes to take all the time it needs to grow. The longer it takes, the stronger the foundations we build to sustain our long-term success.
So don't be in a hurry and let the market do its thing.
Take this time to study, to breathe deeply; take this time to sit down and to meditate.
Making money with Cryptocurrencies, or any other venture, is all about your mentality, your state of mind, your goals, your ambitions and even your health.
You need good health to be able to enjoy wealth. You need knowledge and wisdom to be able to make the right decisions. You need patience for the right opportunities to develop.
We all need to wait.
It is likely that there will be another drop before the next major bullish wave.
This is just a probable scenario, but one that we should keep in mind... Don't you agree?
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.