Today as you can see on the chart, all crypto seem going for bearish movement. Photo below for top 100 coins.
(you can see all details on the crypto price in this web https://coinmarketcap.com/)
But did you all know that not all of the crypto coin going down?
For example:
Tether USDT : Going Up
USD Coin USDC : Going Up
Binance USD BUSD : Going Up
HUSD HUSD : Going Up
TrueUSD TUSD : Going Up
Now what we can see here, all xUSDx coin is going up. People are withdrawing their crypto and going to change it to fiat money.
Crypto was in bull run for a while, assuming all the people investing in crypto thinks this is the highest price for crypto before it is going down for price correction, therefor now they are going to take profits (or some).
But if you follows the crypto from the beginning, you will see that the cycle of a crypto keep on repeating. People are waiting for it to go low and buy back.
Or maybe, some of the whale was bored and tries to get all the crypto from small investor like me, they sell some portion of their crypto to get profit, making the crypto price goes down, and people starts to panic and sell all their crypto. Now, all the whales will have a big smile on their face, they will surely buy back the crypto that they want to keep and now at the lower price.
Now, if you going to play like the big whale, you will get consumed by them. I only can give one advice to you, Do invest in Cardano (ADA) and start to stake while you can. Make a long term investment, because Cardano (ADA) is the future! If cardano (ADA) price goes down, don't be afraid, just add more ADA to your wallet and continue staking!
Happy Weekend everyone!! And have a nice day! Cheers~
