Every Downturn is a buying Opportunity and is like a Jackpot to investors . A good wise trader is Always ready for a dip .
Cause - there is a fear of a possible US recession and rising geopolitical concerns.
Investors are fearing a prolonged bearish trend, are reacting with increased volatility and panic .
Germany government is selling Bitcoin from last few weeks and is creating selling pressure .
Geopolitical tension is rising in the Middle East, adding to investor skittishness. Investors are afraid to invest in bulk .
creating a negative impact in market.
These things are effecting rise in the price of bitcoin and Ended Alt Coins Rally before Party Get started .
Main Reason news that the trustee for the Mt. Gox bankruptcy estate, Nobuaki Kobayashi, said in a statement that it had begun making repayments in bitcoin and bitcoin cash to some of the creditors through a number of designated crypto exchanges.
Mt. Gox's trustee didn't specify how much money had been transferred to these exchanges. Created Big Panic
As a personal experience as A long term trader and Investor , I advice you never panic and sell .
you must invest in some strong coins like Trx, Divide your portfolio smartly .
Never invest in one coin .
You must keep Reserve money for buying in every dip . Divide your buying buy in steps and watch out market if it will dump more or will turn green .
stay updated with news and social media .
Have patience. All things are difficult before they become easy.
