Crypto Rollercoster (TIME)

Bitcoin launched years back and it was like an experiment that later turned into the big thing that is changing the world and currently the foundation for web3 which I call the Web of Freedom. As it is easy to hit big in crypto it is easy to miss the big part of it. It is easy to trade by simply saying buy low and sell high and that is the basic advice for anyone but in reality, you may not know the low and the high. The all-time low can change at any time, and the all-time high can change anything so trading is patience and time.

If you miss the right time then you have the price of time to pay for the next best time to get the crypto jackpot. Everyone trading crypto in the last few years has seen the good, bad and the ugly in the crypto space and that will always inform the decision-making for trading.

Amongst many experiences, I remember when I bought Bitcoin cash at $100, it went to $200 after 3 days during the 2017 bull run and I sold getting 100% profit but that same day Bitcoin cash hit $1,000. The thought was hard to bear. Imagine knowing that waiting for 24 hours more will turn your investment drastically around for good.

So this is why time is the only factor for success in crypto and time still serves as the way of doom on the opposite side. So crypto can make your life a rollercoaster if your time is not well managed. Another 4 years is here and the halving is getting closer. The mining rate will be reduced and the price will shoot. The shoot will affect other Altcoins and the capitalization will be off the roof. For those who are waiting to get a Lambo, it is another time for that.

However, managed your investment properly during December. The whales want to take from you and you need to sleep with one eye open. They can control the market and suck from your investment. Don't be the idiot in the 3Is of investment. The innovator, the imitator and the idiot. The idiot buys when the price is up.

Thank you for reading.

I am @tykee on Hive.

Posted Using InLeo Alpha