Post
Topic
Board Speculation
Re: Reason to stay in this bear market.
by
richardsNY
on 13/07/2018, 20:28:09 UTC
You can always wait for the market price to grow and just stay calm in order to avoid losing your coins, that is the reason there are successful traders in the market.

The main difference is that the successful traders have enough patience to wait for the market to recover because they have enough funds aside to sustain themselves in their private lives. Most people here tend to invest more than they should, or some times even go all in, which is almost a guaranteed way to panic sell on the way down. If you have all your money parked in crypto and it keeps tanking hard, which it has been this year, there is no way to avoid panic selling. People see their hard earned money vaporize on a daily basis, selling is for them an escape from this torture -- torture that they have only themselves to blame for....