Right now i just invested in two coins Arpa and BTC, BTC is the best coin for long term and ARPA is just for short term. Today i'm very confuse because of the market keep bleeding and i think im gonna sell my investment very soon.
Panic selling is the worst thing to do in case you are a cryptocurrency investor. As we all know, the correction was caused due to a combination of several factors. Expiry of Bitcoin option contracts is one of them. Another factor is that the financial year is coming to an end, and this is causing a lot of people to liquidate their holdings to decrease the applicable capital gains tax or income tax. Prices should recover in a matter of 2-3 weeks max.