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THE CRYPTO BULL MARKET TO RISE AGAIN ON JULY

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THE CRYPTO BULL MARKET TO RISE AGAIN ON JULY

 

THE BULL MARKET MAY LIKELY RISE IN JULY DUE TO THE DRIP OF BITCOIN.

 

ON THE 19TH OF MAY 2021 THE CRYPTO BULL MARKET HAD GONE DOWN (DRIP)TO 40%. ESPECIALLY THAT OF BITCOIN WHICH HAD DRIP FROM WHICH HAD MANY PEOPLE LOSE THEIR MONEY. THIS MADE SOME PEOPLE TO REASON IF TO SELL THEIR COINS OR NOT. THIS WAS AN EFFECT BY ELON MUSK AFTER HIS TWEET “HE SAID TESLA WILL STOP ACCEPTING BITCOIN AS A PAYMENT BECAUSE OF THE RAPID INCREASE OF FOSSIL FUEL FOR BITCOIN MINING”. IN ANOTHER WAY CHINA GOVERNMENT STOPPED ITS CITIZENS TO TRADE CRYPTOCURRENCIES WHICH ALSO CONTRIBUTED TO THE DRIP OF THE MARKET.

IN THIS SITUATION IS MOST LIKELY FOR YOU TO HOLD YOUR COINS INSTEAD OF SELLING THEM OFF BECAUSE IF YOU DO SELL THEM NOW AND WHEN THE MARKET LATER PUMPS YOU WILL LOSE A LOT OF PROFIT WHICH MAY AFFECT YOUR ENTIRE PORTFOLIO

 

WAYS TO TAKE PROFIT IN THE CRYPTO MARKET CRASH (DRIP):

  • DO NOT SELL OFF YOUR ENTIRE CRYPTO COINS
  • HOLD YOUR COINS FOR THE LONG TERM (3-6 MONTH OR PERHAPS A YEAR)
  • STAKING YOUR FAVORITE COIN

 

 

 

WHEN TRADING CRYPTO YOU MAY LOSE OR GAIN HUGE PROFIT.DO NOT RISK WHAT YOU CANNOT AFFORD TO LOSE, THAT IS TRADE AT YOUR OWN RISK.

 

NOTE: NEWBIES WHO ARE INTO CRYPTO TRADING SHOULDN’T PUT ALL THEIR MONEY INTO A TRADE BECAUSE YOU MAY GAIN PROFIT OR LOSE THAT IS TO SAY YOU CAN PUT (20% TO 35%) THIS IS NOT FINANCIAL ADVICE.

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