Post
Topic
Board Altcoin Discussion
Re: Keep your head cool in front of fluctuation
by
SistaFista
on 13/11/2018, 03:40:32 UTC


BE CAREFUL WITH GREEN

Many know this but rarely can do.
Normally, green represents growth and red represents price decrease. But to me, it is the opposite. I have witnessed quite a few cases in which investors buy a green coin, like TRON (TRX) or Siacoin (SC), then lose their money. You should know that when the coin turn green, it is just some leftover or a rat trap. Like Siacoin, will you earn 800% more after it has already increased 800%?

DO NOT PANIC WHEN YOU SEE RED

Only be afraid and panic if your coin is a shitcoin. Shitcoin will sooner or later die even when it once green for a long period.
If your coin is solid coins, the red will soon leave and it is meaningless to panic. Those solid coins have survived long enough to have a future in this market and won’t die easily. Otherwise, they have a solid foundation of strong team member and potential project. If those are your case, don’t worry.

Ethereum and Bitcoin have also gone through those red and green days and still be here to grow. Be patient and have a long vision (6 months to 20 years). The rise or fall in short term does not mean anything.


Well, this is crypto, i expect something like that will occur often, the fluctuation. Cryptocurrency value is unstable, volatile in the market.
As a traders and holders, we must not take our decision with hasty and panic. Every movements of crypto in the market are normal.
When it goes down, it will back goes up in a certain range of time. But cryptocurrency value in the market keep going up since the first coin created in 2009, bitcoin.