I have already lost 1/4 of my investment in bitcoin. what can you suggest? should I continue n holding bitcoin or should I just sell it to cut my losses? I eagerly need your help on these one, specially to those people who has experience in trading.
it seems that the price of ethereum will move depending on the bitcoin price movement and I think ethereum will still be able to fall in price if there is no good news for the world of cryptocurrency and if more bad news it will make the price more collapsed.
to date, almost all of the currency depends on the pricing of Bitcoin. We can only wait until the market begins to recover. But with this problem it will be possible to do something, because Bitcoin should not affect All crypto-currencies in general.
I think it is because bitcoin is the base currency in trading crypto. But once the bitcoin price stabilizes or going up, altcoin prices also tend to follow. This is really a good thing for traders because when the prices goes down, it is like buying freenzy.