Quote from: cryptovigi on Today at 11:51:38 PM

Quote from: Keeng Daveed on September 06, 2020, 09:46:45 PM

There is so much fear in the crypto market right now. Taking a look at coinmarketcap now, it's scary to see how much of a dump we have now. Everyone complaining in different groups of loosing a lot of their portfolio to the dump.
I feel your pain. Trust me, it will not last long, everything will be over soon and we shall all smile again. Just hold Strong. We might just be able to smile sooner than expected. Nothing to panic over based on history of crypto. History will surely repeat itself.

"Hold strong" can be a good strategy, but definitely not for all coins. I agree that it will work with many strong coins (BTC, ETH BNB or others from the first 20 cmc) but with others it may not be so rosy, so if you see that your coin drops overnight, sometimes it's better to get rid of it than wait for "better tomorrow "that may never come ....

Hoping for a better tomorrow is dangerous if there is no better day than today. Accepting the loss is for master traders, not everyone has the same capacity taking all bets and go away. Some will accept their fault and work on better entry/exit price points while others will be stubborn for finding their edge. It is mind games but patience is the time we need for the final result.