Post
Topic
Board Trading Discussion
Re: Talk about the market now.
by
Yaunfitda
on 14/12/2017, 15:57:55 UTC
This is really a lot of virtual currency fluctuations have occurred, you can not talk about their own views, I am puzzled. I understand the virtual currency soon, I bought a different currency some time ago, but their recent volatility, I do not know if this is normal, I have never encountered such a situation, so I was panic. I hope you can give me some suggestions, I will be very grateful!

You don't need to panic. Simple as that. I think you are just earn and think that bitcoin or crypto is a get rich scheme. It is not. And I would consider you as investors who have bought it without really understanding how it works and what volatility means. Just my .2 cent, just stay away from looking at the price now and take a deep breath.

This is how the market is, sometimes the price goes down, and most of the time the price is on the green side. But what happens if the price is going down? Maybe a few is cashing it out, or converting to other coins. But you don't have to do the same. The best thing to do is just hodl on your coins and not sell it because, instead of gaining, you will end up losing.

I suggest you go around the forum. There are a lot of similar threads and you will see the same response all over again. Don't panic because it will just do harm and you will regret your decision selling specially when you see the price going up again. On the other hand, its a perfect time to buy cryptos because the price is cheap.