Hello All,
I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.
Any help is appreciated.
When you purchase top altcoins, selling them off due to decrease in price is not advisable as they have the tendency to all climb back up. There's a general saying among trade experts that you lose in cryptocurrency trading only when you sell off at a dip price lower than your purchase price
This is true when he buys bitcoin or the top altcoins, the most important thing is to remain calm. Other altcoins are very good or bad, carefully research the news and the right time before buying them.
That's if he has the mindset of staying calm because not everyone can control their emotions when it comes to trading it takes the grace of God to stay put in the market trends.