the price of bitcoin and as well as market go down. bitcoin under 40K now. my question is that, how much more may go down or market will recover form now? if require how many time require? what is good for now, buy or sell? my tendency is, if more go down, i will sell now or if not go down start to recover from this price, i will buy now. expert guy help me please by give your valuable prediction.
thanks for your support in advance.
I think all we can do is to keep calm and make a good decision, because if we are going to sell we will surely loss, but if we are going to hold we cannot loss the pofit from our holdings, market will soon recover maybe big whales are now in action and they now playing with small investors like us and if we are going to panic and sell our holdings they will surely buy it. Sometimes the wrong decision of the small holders or investors is a profit to a big whales so we need to keep calm we need to used brain instead of emotions.
This is really a hard situation especially if you have savings on this market. Or you are eyeing a short-term cash out of your crypto. But if you are not depending on your crypto investments, there's no need to worry. This is the reason why it is always better to invest what you can afford to lose. But think of those companies or institutions involved in crypto, as they are growing in number, the price may bounce up again. And yes, maybe, these whales are now accumulating more btc as the price is down. But no one can give us precise situation what happens next. Just keep up with the market.