We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.
If youre at the losing position what is the best thing to do?
A lot of people keeps telling you the same story when you ask this question on what to do when things are getting rough like this, they keep telling you to hold your cryptocurrency. Cryptocurrency is a risky job to do, and if you are investing just have it in mind that you can lose that money at anytime.
When things gets rough and you cant take that risk, then the best thing for you to do is to just withdraw the funds you have invested and keep it somewhere else where it will be safe till everything gets back to normal.