My opinion on the current state of the crypto market.
Hi friend's,
I am @rasel72. From #Bangladesh.
made by canva.
The crypto market is currently in a state of collapse. Thousands of people have lost their capital. No one could have imagined such a sudden collapse of Bitcoin. I don't know if anyone did, but I didn't imagine it. Although nothing is impossible in the crypto market. Anything can happen at any time. We must always be alert and understand before stepping in. We must remember that once we go to the crypto market, there is no way we can come back. Bitcoin has fallen a lot since yesterday. Seeing this, small investors like us may be worried. We are busy saving our capital, let alone our own profits. In fact, the biggest reason for this is fear. If we can move forward with courage, the situation can be handled. We have to believe that the crypto market will rise again, whether today or tomorrow.
Let's bring the BCH coin market. In fact, all the coins in the crypto market are related to Bitcoin. As a result, as the price of Bitcoin decreases, its impact on the coin markets is felt. The price continues to go down, and some coins even become dead. That is why you should not invest without knowing about any coin well. If you look at the current status of the BCH coin, you will easily understand. As the price of Bitcoin decreases, its price has also started to decrease a lot. However, it is expected that it will soon reach its highest level again and will give investors a large profit. I think you can invest in it now if you want.
Now let's think about other coin markets. The prices of some coins that we saw 2 years ago have gone down to the bottom today. Some such coins are steem, hive, saga, act, etc., which have decreased hundreds of times in price compared to before. As a result, many have to count the losses. Of which I myself am one. I bought saga a few months ago and since then it has been going down and now I have 1/3 of my capital left. I don't know when I will be able to withdraw the original capital.
Actually, I didn't understand much about the market then. Due to which I am in this situation today. I hope I have been able to explain something to you too. Everyone stay well and healthy. See you again with my new post.
Thank you everyone.
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