Why You Should Not Buy Yet in this Crypto Winter

The Cryptocurrency market is in a season that is known as crypto winter. This is due to a continuous downtrend in the market without a commensurate reversal to gain back the dip. Investors are always posed with the question of it’s right to buy. However, this could not be the right time for big players in the market, especially the mainstream and hedge fund managers to buy due to the following reasons: The present forecast supports further dips Only a few cryptocurrencies have a positive change in price when compared to the trading volume The Fear and Greed Index is still volatile Negative comments from known economic advisers to governments could be made. The present forecast supports further dips It will not be a wise investment decision to buy now when there are forecast from known analysts in the industry that the market is going further dips. In recent days, we have seen the market capitalization of the Cryptocurrency market going down steadily. A little delayed purchase could make an investor to buy more with the same amount in the coming days. Only a few cryptocurrencies have a positive change in price when compared to the trading volume One of the confluences that must be considered before trading a coin/token is the volume of trade with respect to price. When the price is diminishing and the trading volume is positive, we should then wait. This is because it is an indication that we have more sellers than buyers. Taki...