Bubble!! bubble!! i real now.. bitcoin and all altocoin.
last 3 days we see bitcoin going up in the sky. well we cannot deny it as it originally design for peer 2 peer, no one control and most interesting is, it is design for price keep going high.
definitely it still a currency and have been traded. the price should be up and down. but it will go higher.
i remember during my 1st known the bitcoin is the price around 100 dollar. but what happened now? it still keep move in and all time high.
though that many traders, bitcoin lover, and also investor there will always be "Fear and Greedy". because who doesn't want to be rich right? when we look into our psycho there would be similar to every trader or investor or anybody moreover the beginner.
People will start to become excited when finding out the price is going up. because they doesn't want to loose. so they start to enter the market as people start to buy and at the same time didn't realize that the price is already high. then the older trader or investor who buy at lower price will take profit whenever enough for them. it might influence the market.
here is the illustration how most happened to trader during trading
The key here is to be
. patient when enter the market and keep learning. im not a good trader. but with patient we make decision wisely.
. There are people who say buy when others people panic is also a way to minimize the risk to enter the market.
. Invest what are u willing to loose. not put all your entire saving for the risk.
. Always diversify your portfolio.
im hoping there should be future for all. with this cryptocurrency.
i see there more future on steem. stick on long run buddy.
keep calm and steemit!!
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