Post
Topic
Board Altcoin Discussion
Re: Are you afraid when the market is slowly going down? (Crypto Crash)
by
voltesbit777
on 17/10/2018, 09:05:27 UTC
This since few months the crypto currency market has been experiencing major outbreak. And starting the downfall of btc and expected the alts coins too. As a trader i feel tension and afraid when the market is slowly going down because of the rubbish market… How about you guys did you feel afraid when the market is going down?
You should only be afraid if you are an investor, but in your post you claim to be a trader and a trader does not have any reason to be afraid of the market going down, you have no intention to keep your coins for long so you can sell for fiat as soon as you think the market is going to crash, however as a trader you must understand that there is also a lot of money to be made when the market goes down so if you are any good you can stay in the market and make money shorting cryptocurrencies.

No i'm not, because I know what I'm getting in, also I know what I'm doing here too.  There are always two things happen in the market and that is increasing and decreasing its value, nothing else. Only the lifespan of it is unpredictable of how long will the market increase aggressively or decrease. Because almost all coins in the market was volatile, and I guess everybody knows that things.