Post
Topic
Board Altcoin Discussion
Re: I lost money on the market drop. What should I do?
by
carlisle1
on 26/05/2021, 14:56:27 UTC
I lost a big sum of money because of bitcoin fall. What can I invest in to avoid risks like that? Or at least to bear lower risks?   
Don't put up all your eggs in one basket and never invest what you couldn't afford to lose,
I think it is all that we need to do in order to lessen the risk,
Try to recover those money by trading again and learn from your mistake.
Spread out your investment don't just rely on Bitcoin you should try to have more crypto so if it sinks down there is a chance that your other asset could save you up.

Never to invest without proper knowledge about the investment that you are entering, most of the time people
who enter this market without knowing what are the risk behind are those who lost their money,

The chance that they are going to buy when fomos are there and sell when fuds are dominating the market.

And then, it's best to split your money while you are inside this market, take time to search for good projects that
will allow you to recover your losses.