✴️ Monero Year Long Consolidation Phase | Think Long-Term

18 Jun 2023

Since June 2022 Monero (XMRUSD) has been moving within a sideways channel with a bullish bias, that is, printing higher lows.

A year is a very long time in Crypto and what will happen next is something big.

This long-term consolidation phase can continue, believe it or not, but it can also break anytime.

Once the massive bullish action start, you will wonder "Why didn't I jump in in 2023?".

You will be thinking, "I saw it, it was trading at bottom prices forever and I just ignored it...", not only about Monero but about most Cryptos, that's how market psychology works.

When the time to buy is right, we tend to detach and feel not interested.
Once everything starts to move and euphoria shows up, the prices are bad as they become too high but that is when people want to get involved.

There are many opportunities now but we need to focus on the long-term.

Think long-term!
That should be the mantra when buying, when reading, when planning... Think long-term and success is guaranteed.

Namaste.