I think we all need to calm our nerves down and not rush to sell in panic, things are so bad now and we seems to be very unhappy with the situation which is very understandable but my advice is that we should all cool down and not sell now. Selling will only make us loose big when things get back to normal.
many people said like that, the price will be back to normal
but until now what happen? the price still isnt back to normal. if youre really trader, you'll use short term
Yes the price will be back to normal eventually but we don't know when. When btc go down all alts follow. Most of the trader now are losing IMO, except those trader using short selling method.
This is something that is normal but the problem with a lot of people is that they are looking for the bottom that does not even last for so long whenever it comes, and they expect that the market will just recover and start climbing up immediately.
Anyone who is not set to realize how volatile the market is and make decisions based on that should not even be investing in this market at all. The point is to be buying at the dip and be patient as an investor, but be sure you are buying at the best spots and you are buying into a strong market.
people nowadays only follow other people who already successed in trading activity without any skill and only think about the profit. that is what cause market now so badly because a lot of people always panic every market move