Quote from: SyndicateLabs on April 24, 2022, 02:21:24 PM

Quote from: Rimueng on April 24, 2022, 08:34:40 AM

I think the correction or decline in the price of crypto is normal and common. In fact, for traders and investors who are used to it, don't panic, they can even take advantage of the downward momentum in crypto prices to buy at low prices and hold them for a certain period of time. We need to know that the trading of pure crypto assets is left to the market that is based on supply and demand.

This should come as no surprise to the more experienced, but panic comes with an investment when it comes to a loss, and this happens a lot to new entrants in the market. What I have learned is that holding the top in the market reduces the risks, and over time, we see the happiness the market brings in terms of profits. This is a clear strategy. Ease is always the deciding factor in what an investment can bring, and each person will have their own way of evaluating the market.

Indeed, experienced traders do not experience panic and of course they understand very well how the price movements of crypto assets in the market are. A drop in the price of crypto is something that can happen at any time and you can't just wait. Create a new plan. Do some research on what coins might have a profitable gap and allocate your funds wisely.