Post
Topic
Board Economics
Re: Still Trading When Red?
by
Jimbo Abu
on 03/05/2018, 13:29:06 UTC


It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...

Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?


No, that should be the time to buy because of red. Do not immediately trade it early when red, because it can increase its value and grow. Be patient and relax, don't be too hurry. You will trade it when the time comes the tokens is increasing.