This week has not been good for the cryptocurrency market and it is all known to everyone that the market has crashed. Everyone expect the market prices to go upside every time however that is not practically possible and this is what not works in favour of the market as well. A correction is required in any market before it goes up and since we have seen some good price appreciation in the past so it is inevitable that a correction is required.
While a lot of people are saying that after this correction the market is going to grow even more and the alt rally will also start soon and their also cleaning that the alt rally is close. I hope this is the truth because a lot of people and probably weak and will leave the market since we already have seen a bigger price liquidation in the market and Bitcoin have also dropped. As compared to the Bitcoin alt coins have really dropped a lot and I think it will take some time for those coins to recover.
The above snapshot shows it all where you can see that almost every coin is in red colour as up now and only a few are with green colour. It is not the right time to look at portfolio because due to the blood bath in the market everything is dropped and that is why the value of your portfolio must have dropped drastically.
In this market patience is the key so when things go like this but I am trying to say that when things are more into the red colour then it can be the time to buy something but again it requires a lot of courage. People who takes risk in the market get benefited more and that is why the current situation is one of the use where people will be able to make more profits later when things recovers. It is that are you when we should not hold any more stable coin and utilise the same in the market but sadly all of people don't have it because they just don't plan anything for this type of situations.
Thank you so much for stopping by and if you like my content, please vote and share your thoughts in the comments section.
10% beneficiary to Tron-fan-club