There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens:
1) hold our assets and wait until the market got fully recover to start trading.
2) increase our capital to reduce the average price.
3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price.
4) others.
Any suggestion?
The most important rule when the price is going down is, to keep calm! Don't panic, stay clear in your head. Most people got scared and sell everything they got, even when there just a small dump. So it happens a lot to me that i sold it on the lowest point and some minutes after the coin was like twenty percent higher. When the prices goes down, its very important to hold your coins. If you have some money left, you can also rebuy some of the coins, and you got a lower average of your buying before.