Post
Topic
Board Altcoin Discussion
Re: Are you in panic whenever there is a big drop in price?
by
Lanatsa
on 27/04/2021, 21:58:19 UTC
I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

every market has its ups and downs. all have their respective movements. if you are a senior trader you will definitely be more relaxed when the price is decreasing, but if you are a beginner, you will feel panic when the market price is down. because I am a long term trader. so I have my own target for trading so that it doesn't cause panic when the price is down.
Matter with the experience in the market and its true that if you've been here on this market for a while now then you wouldn't really see these drops as an issue but rather see this as an opportunity.

Panic is something that cant really be get rid of no matter how experienced you are, there are really times or moments that you head tingles or hands for you to sell because you are
panicking that your portfolio is going on reds.

So if you are having some goals then always be strong on standing to it until it reaches out that point.