0xbt

Bitcoin in the past cannot be denied that Financial markets are becoming more and more volatile and are also moving in ways that break the rules of every concept. We have seen a better adaptation of some assets. Although we are yet to see a better evolution of the economy. For example, stocks, debt instruments, or cryptocurrencies. Because the fiscal market is always on the expectations of investors.

especially with the market Cryptocurrency that has adapted the behavior to stand out The first quarter of 2021 has a return of about 90% and even looking at the return since 2020 is around 650%, if you look at the content of the Market Cap in the Cryptocurrency market. It has been found that the most valuable coin, such as Bitcoin, holds 70% of the market cap. The problem is if we are satisfied to invest in Bitcoin that the price has stabilized this much. How should we use our investment strategy?

We should access and take into account the port.

We should talk about our current investment portfolios as much as possible. and took a plan for investment Especially if the property has been adjusted for a while, it means that there are people who have made investments in the past with better costs. The fact that we buy in chasing when the price has already adjusted to a high Perhaps it is at a disadvantage for people to invest in this group. Therefore, defensive tactics may be a safer investment procedure. Some investors can use it with technical analysis. Find support and resistance to look at the entry point to buy

Cause of market volatility

Granted, Bitcoin had a high payoff in the previous episode. however, it comes with high variability as well. Looking at the volatility, the price of Bitcoin in a day can move up or invesment.net down up to $4,500 per Bitcoin, or an average of around 8%.

Bringing the prices of Cryptocurrency together and showing the correction of Cryptocurrency each time how much can adjust the habit Even if we go to see each year the behavior has changed. It was found that each adjustment began to decline at a lesser rate regarded as a good thing

Important factors for keeping an eye on the market price

in the past There are many parties who have expressed their opinions about the market. Cryptocurrency Even if the President of the Federal Reserve Bank of the United States or the FED has come out to say It is still an asset to learn and be aware of the risks that may arise. He also saw that Bitcoin could not be the currency that would replace the US dollar because it had no foundation.

The reasons mentioned above This is why there is a negative effect on Bitcoin bargaining, even if we continue to see institutions that continue to accumulate that are still holding and buying Bitcoin regularly. But because the price has been adjusted to be high. Having people who have invested in the past decided to sell to make money. After the negative news came out It's something that might happen as well.