Boring Break in Markets

in #hive-1679224 months ago

The popular narrative that " sell in May, move away " has proven itself once again for the crypto ecosystem as since then, we have not seen satisfactorily good day in the market. Due to the rising global risks and the data coming from the U.S. economy, the so - called bull market for the whole crypto ecosystem has to be postponed.

The reason why the month of May was chosen is that the summer in stock markets or other types of dynamics investment is always dull with very limited engagement. The whales of the markets do not want to spend their valuable time to manage a market where there are no new " customers " or we can say retail investors that lose money to feed the whales.

When the whales left the markets behind, they are setting the trading bots that initiate purchase and sale orders to keep the markets in certain price ranges according to the pre - set dynamics.

Knowing this fact very well, veteran investors do not check the platforms such as Matrix or TradingView to see the immediate price of specific assets. Since the speculative trades do not mean anything in a market driven by robots, the volume and the pivot levels play more importance for them.

Digging Opportunities in Boredom

Of course the volume is one of the crucial side of an investment but there are other important parameters which can be utilized to maximize profits in a type of investment interval.

ZkSync, Layer Zero, Blast and many other hot coins were airdropped this month and they were seen as cheap trades with high ROI potential. If you are interested in zkSync's token to start following DCA strategy, the first purchase does not have to be above 20 anymore!

If an investor starts collecting from $0.22 until $0.15, then the average cost keeps dropping with each purchase.

Imagine you are holding a coin that has lost 80% - 90% value since its previous ATH level. While there are fresh and cheap opportunities, the boring market times might be a good time to swap at the bottom for both sides.

This can be ZK, ZRO, BLAST, ONDO any other new coin that has no token unlock very soon.

Since you are exchanging the value of a cheap asset for another cheap one with high potential, you may not be as depressed as before while holding the hopeless bag of crypto from the previous bull market.

What do you think about the current market conditions?

Share your thoughts below 👇

Hive On ✌️

Posted Using InLeo Alpha

Sort:  

Keep up the good work. 👏

Recognized by Mystic artist Gudasol

You are loved.

Interested to to help music map cXc.world spread more good vibes on Hive?.

Seems like the market's taking a breather, but that's when the real opportunities show up hopefully. What's your strategy in times like these though brother?