Re: sudden drop in BTC?

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right? Go ahead and share you thoughts about the current market situation and your point of view.

Yes you're right, patience is the only solution with this current market situation, I believe the market will recover. While waiting to rise up in the market, it will be great if we buy more cheap cryptos, it is opportunity to us to earn more profit.

patience and smart investing. if you invest in worthless coins, no matter how patient you are, your patience will not bring anything interesting

of course, you can not make profit in worthless coins, you will lost your money at the end of the day. It's better to invest in the top coinmarketcap so it's really worth to hold for long term.

Yeah the duration of holding will depend on the coins you buy, if you buy coins like a small altcoin, then holding and being patient is not the right thing, we know the condition for altcoin when bitcoin bleeds right? you have to sell when the opportunity comes and immediately cutlose when the price hasn't fallen too deep. but for the current conditions where bitcoin has decreased significantly, it's not something you should worry about. Recover is a sure thing, so be patient is not a bad thing for now (if you hold bitcoin)