json_metadata | "{"appParentPermlink":"pk3nw38kq","musingAppId":"aU2p3C3a8N","appTags":["steem","musing","crypto","cryptocurrency"],"appDepth":2,"appBody":"<p><strong>Because the price action of steem or any crypto asset is not determined on the basis of which month it is.....rather it is driven by the market<\/strong> and market is again a function of several factors such as supply\/demand, broader market sentiment, macro fundamentals etc.<\/p>\n<p>If you count upon months and judge a price, then you are in the direction of speculation and <strong>instead of speculating it is always better to remain on the right side of the market<\/strong>, for that you have to have a hawk eye on the chart and if you know the art of reading a chart, you know the technical analysis then, if you know that you can at least make a probabilistic approach to judge a bottom or judge a possible scenario in the price action of an asset, although it is again probabilistic but far better than speculation. Because you have an analytical approach here which is a basis to your approach.<\/p>\n<p>Therefore do some more research and try to understand how a market behaves and learn to understand the trading behavior of Bitcoin which is still the influential coin in setting the sentiment of crypto segment and also do watch the chart and try to lean about the technical analysis along with historic chart pattern. I am sure you will get sufficient clues about how the market is behaving and what could be possible price action in future.<\/p>\n<p>Thank you and Have a great day.<\/p>\n<p><br><\/p>","appCategory":"steem","app":"musing\/1.1","appParentAuthor":"ayerz","musingPostType":"answer","appTitle":"It's already December? Why Steem price still low?","musingAppVersion":"1.1"}" |
---|