Over the past few days, major events have occurred on the world stage. The assassination attempt on Trump, rumors about Biden's death, the launch of ETF-ETH, the release of a documentary about V. Buterin, blue screens from Microsoft, payments from MT.Gox and much, much more.
With all this, the cryptocurrency market maintains its stable volatility, as long as there are no particularly strong movements. I mean Bitcoin, Ethereum and Caspa.
It is worth noting that the hashrate of Bitcoin networks is growing, which historically has led to an increase in price. The same situation is observed in the kaspa network. In turn, ether has attracted the attention of large companies that are showing interest in implementing the ether blockchain into their management systems. These data indirectly indicate that Bitcoin, Ethereum and Caspa are truly good products on the cryptocurrency market and can be traded without fear of losing your deposit.
I have always believed and still believe that it is impossible to predict the price, especially over a short distance. An ordinary trader does not have enough up-to-date information like a market maker or exchange. The athkeeper service I use follows exactly the same approach to trading. The bot only trades on spot. Doesn't predict price. When prices fall, it does not overflow the deposit, but when prices rise, it fixes profits and does not make you feel FOMO. Isn't it wonderful?! Over the last 30 calendar days, my deposit grew by 9.5% without my participation, and I was free from emotional swings.
For me, price prediction is like tossing a coin, back when there was no internet, technical analysis and fundamental analysis had their advantages, but not today. The only thing we can truly manage is our deposit, that is, money management. Therefore, it is better to plan your actions in response to market movements than to predict market movements and act at random.
One way or another, good luck to everyone!
Be FOMOless...