Can the digital currency market resemble the real markets in our normal lives??
If you are a merchant, you will notice the behavior of consumers of goods offered for sale in the markets. Sometimes the quantity of goods is available in abundance, so their price decreases, but what if you buy them at a high price? Will you sell them at a loss or wait for the market to rise again? But what if the flow of goods to the market continues? Confused, should you sell or keep them, hoping for their rise again? And if you decide to keep them, will this commodity spoil after a period of time? Especially goods intended for daily consumption, you must store them, but how? Cold rooms Yes, but how much will this cost in time and cost? Yes, although it will cost you, but it will bear fruit. Selling these goods at times other than the time of their harvest will be expensive, but are consumers forced to buy them despite their high price? Of course, only the rich will buy them, but are all people rich? This is the case in daily life. Choosing a commodity with daily consumption that is certain throughout the year, whether in its season or out of season, is always profitable and has many solutions. Let's compare this to digital currencies. Investing in digital currencies is different, but there are similarities as long as all of this is in one field, which is trade. In digital currencies, choosing the appropriate currency for investment is necessary, and studying the currency project and the community's opinion about it is necessary to know whether this currency will grow and whether it is worth investing in in the long term. Yes, is this currency being promoted well to ensure its progress, and is it developing within a specific period of time, for example, a month or two? Is the currency advancing, even by a small value? The important thing is that it is advancing, and are those who invest in it stupid, even if it is advancing slowly, but the process of buying and selling continues all the time.Yes, this currency can grow and rise and may even explode despite its low value. In trading, you can become rich in the long and medium term, but if you choose the right currency for investment, and low currencies with somewhat slow growth give you the opportunity to succeed more than very high currencies, so the risk ratios in them are somewhat low and digital currencies are not exposed to damage, but they are exposed to deletion from the platform if they remain at the bottom for a long period of time. As soon as the deletion of a currency is announced, you notice something strange, which is the increase in the selling process and its continued decline, and here you will realize that there are people who actually invest in the long term in low currencies and they may be whales or form a whale if they gather, and this is what the long and successive red candles explain. Indeed, those who own assets never lose, but beware of falling victim to currencies threatened with deletion and damage
Do not rush, but study the currency project, its goal, and the opinion of the community and the people who invested in it. This point is unknown to everyone, although it is the most important point in this field and may be the main turning point for success and progress in this field. Good luck to all.