Good evening to all my friends. I hope you all are doing well and enjoying your sunday as well. I am having a good day. Morning i woke up late because of yesterday night party. Let's talk about crypto market. Bitcoin is trading below 44k after small dump but altcoins took heavy toll and dumped almost 15% to 39%. As i said many times that december month is very crucial for crypto market. Many Bitcoin whales who bought the Bitcoin at bottom now taking profit to crash this market so retailers will be in panic and they can buy the dip again. This happened always in the past and happening now also. Crypto fear & greed index also going very high and that's the reason of this downfall. Many newbies who were sleeping whole bear market, woke up and buying the green market which is always risky.
What i am doing?
I am just looking to buy the dip again. I am continuously taking profit from short term holdings and few long term holdings also (coins which gave huge profit). Next two weeks will be very crucial for crypto market. Trading is always risky and i am not a pro trader. That's why i always prefer to hold rather than taking profit on small profits. Yeah!! Sometimes it risky but there's no reward if risk is not there 😁. Everyone expecting that Bitcoin's spot etf is going to approve in Jan 10th 2024 but it could be black swan event if SEC will deny spot ETF application. If spot etf news comes in the market then I'll buy my favourite altcoins at market price and I'll hold them till the bullrun. This time i dont want to miss out. Prepare yourself for biggest upcoming bullrun. That's it for today. Here's the latest update video of crytpo market. Thanks & have a good Sunday!!
@abfarhan