Post
Topic
Board Bitcoin Discussion
Re: What make people panic sell?
by
online73
on 20/05/2021, 10:54:05 UTC
Hello everybody. Panic is always a bad thing because panic makes an already very bad situation worse. A very illustrative example is yesterday's fall in the price of bitcoin, this was especially noticeable on all cryptographic telegram channels. First of all, the fear of the unknown, the fear of the incomprehensible - what's next. Few could have predicted such a sharp drop, and the vast majority sold at the lowest price. I will not tire of repeating - before entering the cryptocurrency market, it is necessary to develop at least two trading tactics for two scenarios of the development of events and strictly adhere to these tactics, - if you still do not have enough strength to look at the falling market, - Guys, it is better to move away from trading at least for a while ... The market leaves alarmists with zero very quickly.