Quote from: Shasha80 on March 02, 2022, 11:22:41 PM

Quote from: kak uli on March 01, 2022, 05:38:06 PM

Quote from: Adbitco on February 24, 2022, 07:04:08 AM

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

why with such a situation you are still tempted to give up your assets?. I think conditions like that are a very bad time to sell assets. Therefore, in my opinion, it is better for you to keep it in your wallet for a long time until normal conditions return and do not harm you. holding in a wallet is a solution that can be offered under such conditions

Usually only newbies who lack knowledge and do not have experience make the decision to sell their assets, when they saw their assets drop
very far. That's because they panic and fear losing all the assets they have. In fact, if we study crypto properly, there is no need to worry when
we see our asset estimates decline. Moreover, the assets we have are potential coins, so no matter how deep the market goes down, it will
definitely recover. This is why it is important to first learn about the crypto world before deciding to invest in crypto. In order to at least understand
how crypto works, so we can be more patient when we know our assets are going down.

I think with market conditions that continue to experience prolonged correction, not only beginners will feel panicked like that, people who have their own experience seem to be a little worried about investing at such a time.