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RE: Daily Crypto Markets Live Blog: Celsius Repays MakerDAO Debt (07/08/22)

in LeoFinance2 years ago

It appears like the bull and bear cycles are the new norms for all types of markets. This concept started with Bitcoin and crypto and since crypto is the emerging market that outperforms and managed to attract a new flux of investors, the forex and commodity market since the pandemic is more or less behaving like cycles. This concept was totally absent in the forex and commodity market.

I have been keenly following these markets for 5 years. I am really surprised how these traditional markets are exactly making/trading in cycles where the extreme ranges are in play be it EUR/USD, GBP/USD, or Gold and many other markets too.

The truth is that in the derivative segment, you need the retailers and they are like sacrificing goats where the stop-loss can be hunted so that the big players can make money. So retailers, unless you very well know about the associated risk or willing to lose that much, don't play in derivative, options market or any other similar leverage trading.

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You don't really expect a trillion-dollar economy to not make an impact, crypto literally cuts deep into the financial structure of the world, creating a synergy between assets account

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