Post
Topic
Board Trading Discussion
Re: Cryptocurrency Market Dip - Why You should not Panic
by
Jateng
on 12/10/2018, 11:44:57 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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We should not panic because everything will come to an end like this dump. Like for example the pumping time last year, it last right ? Maybe the crash takes a long time but can we just wait and do something better while waiting ? It is a normal thing to happen since crypto has no fix price so do not panic.