Post
Topic
Board Altcoin Discussion
Re: Is this a bad time for altcoins?
by
kapalmabur
on 22/06/2021, 15:50:16 UTC
yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be a benefit in the current state, for someone who still has money in stock, maybe they use this kind of situation to buy, and expect the market to go back up. but for the people who are already trapped, maybe they can just shut up and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.
Those who sell their coins for fear that the market will fall even further are people who do not have extra patience, because if they sell them now, they will automatically lose because they bought at a higher price.

usually amateur traders who always take the wrong action for fear that the market price will fall deeper, but if their coin is a potential altcoin they should be able to wait for the right time to come back even though it takes a not so short time
It's only natural that traders who still lack experience seeing conditions like today feel panicked,
with potential coins I don't think we need to be afraid and panic,
the market is currently experiencing a major correction so it may take some time to bounce back