Flow-er
Active member
When it comes to cryptocurrency, I am not always moved by the proceedings. The new investors are always skeptical of the crypto market and would untimely do a panic sell. This set of investors makes the level of the volatility in cryptocurrency very high. The high volatility is a major and the most important features of the cryptocurrencies.
The volatility makes the market value increase and decreases at a very short time intervals, resulting on the corresponding buy or sell order. When the price of cryptocurrency decline, the small investors would be panicking, resulting in a massive sell-offs, and this further brings the price down. In the same vein, if the price of cryptocurrencies increases, the small investors would be over excited and very eager to do quick sell-offs inoder to keep the profit accrued. The sell off further pull the price of cryptocurrencies down.
Recently, it seems the inexperienced traders and the bears are struggling to win the cryptocurrency market over. The bulls are holding the support zone very strongly and at the same time they are striving to break the resistance for a full bull trend. The major cryptocurrencies are on the bullish run and they showing potentials to continue moving up steadily.
The volatility makes the market value increase and decreases at a very short time intervals, resulting on the corresponding buy or sell order. When the price of cryptocurrency decline, the small investors would be panicking, resulting in a massive sell-offs, and this further brings the price down. In the same vein, if the price of cryptocurrencies increases, the small investors would be over excited and very eager to do quick sell-offs inoder to keep the profit accrued. The sell off further pull the price of cryptocurrencies down.
Recently, it seems the inexperienced traders and the bears are struggling to win the cryptocurrency market over. The bulls are holding the support zone very strongly and at the same time they are striving to break the resistance for a full bull trend. The major cryptocurrencies are on the bullish run and they showing potentials to continue moving up steadily.
