Post
Topic
Board Trading Discussion
Re: From trader become holder because the market is crashing
by
Ararbermas
on 26/05/2021, 06:55:49 UTC
When bitcoin drops to $30000, this is a disaster for most traders who buy bitcoin and altcoins at a price high. We didn't expect bitcoin to fall this low, so causing altcoins prices to be dumped very deeply. For traders who have already lost over 25% in trading, then it is best not to cut losses because it will make lose some capital. So believe me, the bitcoin price will back up again and altcoins price will rise again.
good mindset mate.. Because making exit while have loses isn't a good idea actually in my opinion also, wherein if you do that there's no way you can regain all of your profits that disappear during the crash and for sure you will regret that if you saw market suddenly bounce back. So it always good to stay calm and wait for the recovery.  It takes time but too good to be true..