Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
Indeed, the best thing to do is to hold. We should not panic just because major cryptomarket is falling, that's just oart of every coins' market value volatility and nothing's new with this scenario. Like what usually happens with the declines, their market value will eventually increase and patience is a virtue. I do believe that selling won't be a good decision just because you are woried of the backdrops.
all the tactics used to improve the development of falling markets will be great, provided that do not sell coins when the market falls. because it will result in far greater risk. so it would be very detrimental. so when the market is experiencing the fall is expected to comply with the act of selling.