Re: If you got emotional about the dip today, you need to manage risk better
Dips and rallies is part of investing, it happens in every asset class except t-bills. If you got stressed out, you probably need to diversify your portfolio to appropriate allocations for your risk tolerance. A 100% cryptocurrency position is bad strategy, or no strategy at all.
Not everything will rise forever and that's why a dip has to happen which we've seen today. But after this dip, we'll see the next recovery. That's the usual thing that happens for bitcoin. And look with those mainstream media publishing that an expert says(U.K FCA) that crypto investors will lose a lot of money.Crypto investors ‘should be prepared to lose all their money,’ top UK regulator warns
Isn't it timely that these articles comes out when the dip comes?
The strategy of listening to the bad news makes other bitcoin holders initiate panic selling.