Post
Topic
Board Altcoin Discussion
Re: Don't panic
by
Rimueng
on 22/09/2021, 09:26:49 UTC
Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.
Even though the market is falling, don't panic and be afraid but still do technical analysis by looking at short and long-term trends through price charts. The purpose of technical analysis is to understand the sentiments and significant trends in the market so that you can determine the right time to sell crypto assets and not get carried away by FUD and FOMO.