Greetings to all readers of this great platform dedicated to sharing knowledge, especially to those who share content related to the cryptomarket within the #LeoFinance community, this time I want to talk about a controversial issue, especially when interpreting the market, to make purchases or sales of what is considered as long-term investments especially when we refer to the purchase of BTC.
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When entering the world of trading, from my personal appreciation is to take advantage of market opportunities, what do I mean by this? By understanding the behavior of a market, i.e. the behavior of our token of choice, we must begin to follow the behavior of the market in which we must take advantage of the lows in the market when it has a force that can generate a rise in its price.
By understanding this behavior and the factors that can affect, taking into consideration a proper technical analysis, it is the time to take advantage of these investments, now well, 7 months ago people were with a collective madness to buy BTC, when its price in the market was over 60k, being a time of correction in the market, and yet people eager to buy BTC without knowing that it was already going to correct.
It is at this point where a great controversy arises, at the beginning I mentioned that the trading world is about taking advantage of opportunities, at that time it was considered as a great opportunity to sell and many made a purchase, now that the BTC has made a great correction, so much so that it has reached 20k and can still lower its price in the market, and despite being considered as a great time to buy now people do not do it but rather sold their assets.
It is so controversial the thinking of many in the cryptomarket, they do not understand the proper behavior of the market, for example: if you sold 1 BTC 7 months ago at 60k in the market, today you have managed to buy 3 BTC with the same money you sold 1 only, so take advantage of this type of opportunities you have to achieve multiply your capital and eventually achieve financial freedom, it is only a matter of much market research, capital and patience.
