Post
Topic
Board Economics
Re: How to cope up with the falling prices?
by
Lieldoryn
on 20/06/2018, 15:09:32 UTC
I know that some people worry so much about price drop that they are checking prices every a few minutes and can't sleep because they are to worried.
It's not healthy really.
I advice them to relax, switch off computer and just go out, forget about crypto for a few weeks or more Smiley.
Any way, it's nothing they can do about it, so no point to loose nerves and health here.
Golden rule for any investor (not only in crypto market): ''Don't invest money you can't afford to loose''.


In fact, this rule never works. Show me a crazy person who will be happy to lose money. For many, income from cryptocurrency trading was the main one last year. Now they have lost most of their main income. Price volatility is declining and for many it is a disaster.