With the recent dips and dives in Bitcoin and other cryptocurrencies, many investors have made the mistake of selling, and Ian King is trying to keep more from making that same mistake. While the recent dips seem catastrophic for investors, savvy ones will still have made gigantic profits, but, with the unfortunate tendency of crypto investors to panic sell when things go south, even the early birds have seen losses. The recent dip is no exception to this trend, and many will lose their investment, selling in a panic, rather than sticking to their plan until the next rebound. View more on Ian King at stocktwits.com for more updates.
While the Market May be Bearish, the Outcome Still Looks Bull
While there have been dips as far as 50% for Bitcoin, it’s still far above last year’s valuation, and a rebound is inevitable. Corrections and dips happen, and investors that are unable to deal with them lose their money, falling into the trap of buying when the market is at its peak and selling in a panic when it falls, or, in essence, buying high, and selling low. Being swept up in crypto mania is easy, but Ian King aims to help investors turn a profit by providing his expert insight into crypto assets, and giving advice on how to avoid falling into the same traps as other investors.
The Bubble Isn’t Quite Ready to Burst
Over the past year, the crypto market has grown enormously, with some coins seeing in excess of 12,000 percent growth. Of course, while this meteoric rise isn’t sustainable in the long term, it isn’t too late to get in and turn a profit, and this dip is the perfect opportunity. Eventually, the market will stabilize and the craze will calm, but until then, crypto will remain a playground for the savvy investor and a trap for those who aren’t careful. With Wall Street making its first advances into the crypto market, and financial institutions no longer ignoring its potential, crypto may have seen short-term losses, but, as a whole, the market is poised to spring back stronger than ever before.
While alt-coins may not see much success after the mania dies down, many successful crypto assets will go on to increase in value, and the market as a whole will continue with a renewed focus on real-world applications, and practicality, rather than on cashing in with the newest craze. No, this dip isn’t a death knell for crypto, it’s only the beginning. Learn more:https://banyanhill.com/expert/ian-king/