Post
Topic
Board Altcoin Discussion
Re: Are you in panic whenever there is a big drop in price?
by
Fatunad
on 28/03/2021, 23:42:51 UTC
It all depends on Bitcoin, if Bitcoin shows bearish chart maybe I will be panic and selling my Altcoins that I bought. I don't care how much money I lose, I can enter Altcoins again when the price is dip. I couldn't hold Altcoins for so long if Bitcoin was already bearish.
Wont really be a nice idea unless if you do accumulate altcoin and tend to make some cut loss then this would be a typical action but not really that suggested because we do have
always the chance for recovery rather than on selling then better accumulate more when the price is cheap or bargain.Its no denial that when bitcoin market tends to be bearish
then altcoins do usually follow which people do really make this as a common indication when it comes to trend change where they do make out some analysis out of it.