A New All Time Low Since December 2020

Its getting serious guys, the bear season seems like its about to take another lane on the bear high way as the price has seen a new low since December 2020. At this point we are faraway from the 69k all time high, so for now to have peace of mind, its best you eliminate the euphoric expectation of getting to an all time high anytime soon. I have been staying away from the price chart because I have been so focused on trying to make money in the bear market through other means. This bear season is looking like a moment of training for me, where I am training to go through the storm of the bear market, so I can be better in the bull market.
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Bitcoin price has fallen so hard it took us back in time and we are finding ourselves in December 2020 all over again. But what can we do? The market price has taken us back in time, this means that history is about to repeat itself, and what does that mean? It means that some people will take the advantage to buy the dip and accumulate as much as they can. As usual, other coins are dipping just as much this means that volatility is also high, we have seen the bear market eradicate some crypto companies we thought was strong, now we know the strong ones from the weak ones.

I have been increasing my BNB holding through arbitrage trading, this way I am taking advantage of the volatility in the market. Dollar cost average in is one way to add more tokens to your portfolio but what do you do when your source of income is from crypto, you have to adapt and I have adapted through arbitrage trading. Its simply just buying from an exchange at a cheaper rate and sell to another exchange at a higher rate. Its been a great journey, but tough one, glad I am seeing the result of my hardwork. This means that by the time I complete 10 years in the crypto game, I should write my first book, “How I survived my first 10 years in crypto”.

Well, while the market is giving it to us the bear style, lets be optimistic for the upcoming Ethereum merge, just may be this will trigger the bull market and we will start seeing the market pump again.

Posted Using LeoFinance Beta



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8 comments
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This bull season has been a bully to many people in this space, wiping some clean while leaving some with very little to cheer about.

Mind if I ask your preferred exchanges for the arbitrage?

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I use a lot of exchanges as their prices differ, but currently I have been using Huobi, Kucoin, Liquid, FTX & Binance

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