I have been investing in cryptocurrency for 5 months . I am buying some icos and holding coins. I started with 5000 usd. And sometimes my balance went up to 30k and down to 12k . I feel very uncomfortable when my balance is dropped.
So i want to know is there any strategy to protect your balance before the dump?
Anyone can help please.
Thank you so much.
You should not be upset when your money is reduced several times because it is the nature of the job. When the market goes down, all investors lose their significant amount of money. But the difference between a good and a normal person is psychological stability.
You should get used to this in order to have a better mood and good things will come to you. Talk about dump, no one can predict it, you need to have a strategy to fight it.