Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
The mindset of a good or experience trader if he/she sees that the market is failing, he/she will buy coins at dips and hold it until it recovers way up to its highest value. Selling and buying coins at the perfect time would lead you to success. Just don't panic sell if you see the market is falling down, you will lose or worst regret if the market rises up again. Well, it depends when did you buy your coin. Hold coins until it meet your desired profit, you have to be patient in trading cryptocurrency because we know this market is so volatile.