Post
Topic
Board Trading Discussion
Re: Cryptocurrency Market Dip - Why You should not Panic
by
Julunguul
on 12/10/2018, 09:47:31 UTC
There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto.
There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
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however investors who just want to start cryptocurrency sometimes mistakenly choose the right steps to anticipate especially when the market is crashing, which also eventually will panic sell rather than just hold, which certainly does not know when the price will recover