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.
if you are still experiencing losses then never sell the assets you have, hold your assets until the market is bullish again. not only you who experienced a drastic decline in the value of your deposit assets, I also experienced that but I never intended to sell them, instead I bought more during a bear market because I believe in the future the market will be bullish again and I will make gain.
No one should sell in times of a bear market. The best time to sell is when we see prices are in peaks. Maybe you could be more patient in hodling of your altcoins because some of them will really have the chance to grow their value once a new ATH is reached. For now, focus more on buying bitcoin as well as potential altcoins because prices have dropped again which are giving us another opportunity to buy while their prices are now cheap.