The roller coaster ride in the crypto market is still going

The roller coaster ride in the crypto market is still going

From what we've seen in recent weeks, the digital market has taken a stabilization path, with its main currency, Bitcoin, ranging between $6.500 and $7.400 USD; This doesn't mean that prices will stay that way for a long time, we're simply reporting about the behavior of the market between last week and the last few days.

On Saturday, March 31, the market started with a capitalization of $267.760.000.000 dollars, which was lower than the same day of the previous week. It was until Tuesday that the market saw a slight improvement, but that didn't last long. At the time of writing this article on Thursday afternoon, Coin Market Cap reported a capitalization of $254.264.000.000 USD, for a loss of $13.496.000.000 –however, lower compared to last week.

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Likewise, of the Top-10 cryptocurrencies in the world, seven of them were running in red numbers, and the trend seemed to continue downward.

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These constant ups and downs in the last month and a half, have not helped all those people who bought Bitcoin or any other cryptocurrency when they reached historical highs last December.

Many people are still waiting for the market to bounce back, clinging to a digital asset that has lost more than half of its value, while others are selling for the fear of losing more than what they have left.

However, not everything is bad news, since there is also the sector of the market that is 'playing' trading. These people don't care if the market goes up or down in terms of value. In fact, that dynamic for them is like taking a surfboard and look for the best wave to ride, and have the skills to exit the barrel before the wave breaks.

Experts in cryptocurrency trading have been making good profits in the 'game' of buying and selling digital assets, and in the middle of this market volatility, this has become a very good option to invest in cryptocurrencies.

But as always, it's very important to understand that to venture in this 'game', the knowledge of the market is very important, as well as following the graphs and the behavior of the industry, pay attention to the news that could impact the market and be ready to catch the best 'wave' to surf, so you can do it like a pro.

 

By Omar Cortés

  • Lic. Omar Cortés

    Lic. Omar Cortés

    El Mtro. Omar Cortés cuenta con estudios de Licenciatura en Psicología y Grado Master en Administración de Recursos Humanos. Se especializó en Psicoterapia a través del enfoque de Carl G. Jung, además de Ética y Valores Humanos.

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