Quote from: J_Townsend on March 22, 2021, 10:40:27 PM

Quote from: shinratensei_ on March 22, 2021, 10:19:17 PM

There's no even bad news about crypto but the opposite thing was happening as china is starting to build its own blockchain to run the dapps that fully controlled by the governments.
That being said if im not even seeing this as a big dump for crypto. This is better rather than seeing when the whales dumping their bitcoin a few weeks ago.
You should read this news dude https://cointelegraph.com/news/3-reasons-why-bitcoin-traders-keep-a-close-eye-on-the-futures-funding-rate

You should never feel panic to see that

Interesting article... Thank you very much for that... I'm in this for the long run and I've told myself I wouldn't get into day trading because after fees, it's usually a losing proposition for people with my level of resources. However, it's hard not to pay attention the current market dropping even 5% since I have a significant amount of savings tied up in Crypto.

Let's say the market dropped 10% over a few hours for no apparent reason... Would you get out until things settled down? If not at 10%, what about 15, 20, and so on?

Thanks again!

If you are using CEX and the fees should not be a problem to get into the daily trading but when you are using swap service may become another story. I know how you feel dude and i guess as a new user and you will always feel panic when you are seeing the market crashes even a little bit.

About your next question and that totally depends on my position. I will always reserve some of my profit into the stable coin to anticipate the dump when it will be occurring soon.
I will never use the bearish trend as a way to go out from the market. Remember this when you can go out when the market was bullish and why should you choose to go out when the market turned into the bearish trend.

When i was a new in crypto and i m always feeling panic when the market gone down and that's why learning about the fundamental of crypto is very important thing.