Obstinacy is what makes someone to be able to carry on without any discouragement that may serve as a cog in the wheel of accomplishing the set objectives or tasks. Cryptocurrency investment is just like a set objective that one is looking forward to,to reap the fruit of the investment;when the rate eventually rebounds. Having said all this,a lot of things can serve as problems which may want to discourage us from achieving the set goal or objective. One of the things that may serve as a threat is Investing in q single cryptocurrency coin; by deflecting from adopting the diversification system. Secondly, another thing is Investing almost all income in cryptocurrency; this may happen when investors don't have different source of income and many more.
Are unforseen contingencies seen as antagonist why Investors don't mostly survive the bear market?
Having listed some of the things or problems that may deter Investors to survive the bear market is unforseen contingencies. What are unforseen contingencies? Unforseen contingencies are financial expenses that come your way that you never planned for. Truly, what is the main reason why we invest in cryptocurrency Investment,it's because we actually wanted to make profit, to make gain. Nothing can really be done during the bear market which is the dip. When you buy during the dip. So if it's someone who is determined to hold or whatsoever,those unforseen contingencies or contingencies might not be able to solved by the Investors because the cryptocurrency price is still bearish. So basically,there is nothing that can be done during the bearish market and it might affect most of the plans. Bearish market puts almost all plans on hold unless if that particular Investors wanted to make loss at the end of the everything.
