Post
Topic
Board Trading Discussion
Re: i lost 20% of my budget
by
Quidat
on 14/12/2017, 17:45:44 UTC
why are all these cryptocurrencies are going down?
keep patience and you will see the price of them again increasing. If you are talking about only bitcoin then it is only a smaller correction and because of some rumors people are selling and when they will find that the price will increase then they will again start to buy and for other altcoins I think people are putting their money in bitcoin right now and when they earn their profit then they will come back to altcoins so the price of them will again start to rise.
Patience is a lot of attribute needed to be able to successfully make good decisions in the crypto world either as holders or as traders.

It is not going to always be easy, but as long as you know what you are doing and you understand what you are investing in, then the last thing you will ever do is to be worried. In no time, a good market always gets back in shape and then you see it get pumped again.
Patience would really be a crucial thing on trading world which this thing is commonly needed for us not to make possible wrong actions because of our emotions which is the common reason.If you did invest on strong project which do really good on long term then dont panic and do believe that they would eventually go back up again just remember not to sell on lose since we can anytime wait up for price recovery.