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?
I feel you mate. For me, I just simply reset and destress before I go at it again. In any market, losses are always part as much as winning and being successful is, therefore, if you really want to be in a better state as you are now, you would try to find and embrace the good with the bad, especially in this prevailing market situations. I think as an investor, it's important to actually try to find small steps to success rather than always eyeing to strike it rich in one big jackpot. Also, we have to adjust to what the market needs. We can't confine ourselves to how it was before, when everything was easy because it's just so different now.