Post
Topic
Board Altcoin Discussion
Re: Are you in panic whenever there is a big drop in price?
by
SacriFries11
on 28/01/2021, 13:26:23 UTC
When you are a crypto trader you should have strong nerves! Everyday coins may pump or dump so it’s high opportunity to lose as well as earn. Just when coinmarketcap is all red it’s better just to hold. Sometimes this period of stagnation can last for years but once everything will grow again. That’s why I don’t afraid of this drop
When you know that its already the nature of the market, you will not get panic. You will know the consequence when you will not be able to pullback and cut your loses if you identify when is the right time to exit. On the other hand, I also glad that the price goes big drop. Its give me another chance to buy bitcoin in lower price before it will pump up again. This might not happen again if its really a big drop in price so better to think and start to add some bitcoin.