When we see the market situation of the last year, we will see market was continuously pumping mode but now market is very critical situation and already and continuously dumping and dumping so too much peoples are very disappointed about the market situation, few days ago i heard a bad news from some of my FB friend who have lost all most 60k dollar and i have lost 1k dollar also. So i am really afraid about crypto market. I need concentration to the experts and have a question is crypto market will reach the previous situation as well as grow up and reach new value. I humble request to the experts please give your opinion. Thank You.
In this market there are many people lose money. My friend has been investing since early 2018 and now he has lost over $ 15k. That is the price paid for loyalty to cryptocurrency. But if you hold long and get accurate profit goals, you need to hold as long as possible. Only patience can bring good things to you.
No one has lost as long as they have not sold at loss. The fact that you are tagging the value with USD does not change the quantity of what you are holding. For instance, 1 bitcoin remains the same and as long as you have the strong belief in the long run, and your focus is more centered on the long term than in the short term, you really will not see any of this as something you should be bothering yourself about at all. Patience is all that is needed to be able to at least make the best use and benefit from what would be available in the long term.