Quote from: Rengga Jati on Today at 11:09:40 PM

Quote from: Trixoempire on May 19, 2021, 12:29:08 PM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

This is classic, panic, and panic, when a newbie comes into crypto, following hypes, and also influenced by the FUD, it will make them panic and frustrated stressed, and also worried enough. This is normal.
That si why before entering the crypto world, it is sure that we must be ready with our emotion, loss, and also profits are always here in crypto.
And about the down market today, it is true that the market today is very bad. But, it doesn't mean that the market is over now. I lose more than 50$. But I am still holding and also trading with other funds. I believe the bullish season in this year doesn't end yet.

Classic reaction for those who had just recently jumped in into this market where they havent expect that -30% could really happen in a short span of time.

This isnt something that can be compared with stocks or forex where price volatility isnt really that much and you would really get shocked when you do stepped in on crypto.

This is why you should really get used to it because the higher the volatility the higher the chance on making big profits too despite of the risk.

Once you do gain experience then these things wont really be bothering you again and would turn out to be casual stuff.