The leading cryptocurrencies are experiencing daily changes; it is not new; many external situations are affecting the results of digital cryptocurrency and the scale of favorable positions in the financial market.
Valuation losses have reached almost 50%. However, according to many financial market specialists, it may decrease by 25%; this can be a high risk for many traders.
Although BITCOIN has decreased considerably compared to other currencies such as Ether, it has maintained a downward trend. Still, it resists a constant decrease in value, keeping the loss in its price of 30 to a maximum of 35% in the six months from 2022.
Time and external factors are responsible for determining where digital currencies are going. Therefore, when operating, you should always have the most relevant information. The platform that can benefit you before deciding to invest is Bitcoin-Prime trading system.
Expectations In The Face Of A Reluctant Trend
The market began to change, and all the traders started to change their positions in crypto investments. Their main objective was to obtain profitability, although at a minimum percentage.
Bitcoin began to change its downward trend reaching USD 30,000, which for many was an advance since the green upward trend that had not been seen for months had not developed.
Happiness lasted for hours between the 6th and 7th of June. Still, the trend changed and returned to the downside, leaving losses of around 200 million dollars.
When Is The Ideal Time To Trade Crypto?
Every trader must be precise that the situation the market is going through is highly vulnerable, which is why risk management must be considered that reduces the anxiety that the market does not move to the desired trend.
We must know that Bitcoin is a cryptocurrency that has attracted a relatively large number of users and investors; the most significant amount of losses that were generated after the last rise in Bitcoin was not because of its value as such but because of the accumulated percentage of Ethereum, which raised the lost in this digital currency.
The losses that Bitcoin has made to date are close to 60 million dollars, representing 0.01% of its market capitalization in liquidating the CRYPTO ASSETS.
At this time, we must visualize the development of the market in a balanced way since, with each passing day; more factors are having an effect in complicating the evolution towards an upward trend.
The most significant recommendation made by experts with such a tough market is to wait; the best option is to acquire more units of digital currencies since their value has decreased. According to the movements, this is the best time to buy.
The cycles of the digital financial market have shown that its movements are cyclical, which indicates that after a downward trend, the rise will always return; that is where returns are expected since the estimated value for this year is estimated at $70,000.
A Rise That Caused Effects On Traders
When any financial asset, whether digital or traditional, increases its value, the market is revolutionized. As a result, many investors tend to operate and carry out transactions more by instinct than by analysis.
The operations that generated losses were those in which investors went upwards because, during all these months, this trend had not been demonstrated; the desperation to increase profits caused the opposite effect.
Although many investors also invested downwards, the period was not appropriate, and losses were also generated to a lesser extent.
The volatility of the crypto market with the passing of days is becoming much more attractive to certain types of investors because they have begun to observe the fluidity that cryptocurrencies are showing.
The constant struggle to establish a trend with higher rates of return and profit for investors is driving a further downtrend as it is notably costing digital currencies to go higher.
Many benefits will be generated when a well-established upward trend begins to invade the graphic monitoring of investors; for now, a crypto winter is coming that no one can control.
The financial and economic situation in the United States and Europe is becoming a little more complicated, without leaving aside the armed conflict that more than one hope will end.
Conclusion
Payment platforms are advancing by leaps and bounds, evolving the ways of operating with traditional currencies and making a transcendental transformation to digital currencies and the virtual economy.
