Over the past few weeks, all cryptocurrency prices have gone through a new round of ups and downs. As always, the altcoin prices have followed Bitcoin price's fluctuation closely and as of today, all prices have dropped: Bitcoin price now is $27,000, ETH $1,700 , BNB $310 and other new altcoin like ARB at $1.14. I know that volatility like this is quite normal and for most long term crypto holders, this means no big deal. However, for those short-term players, they would definitely have sold a lot of them when they reached a relative high and if the prices continue to drop, they will probably buy a lot and wait for the next ATH. Too realistic, huh ? Yes. I have come to understand that no matter how you seem to be loyal to one particular cryptocurrency, as long as there seems to be a huge profit, you will sell to gain profit instead of holding a pipe dream. I have no judgement here and try to tell the truth. Personally, if I had that chance to cash for profits, I would do the same. What about you ?
Number 1 rule of crypto investment, don't fall in love with the project, you are there to make money because you put money to support them and the return of been loyal investors is profits but by the time you become too comfortable, you will end up losing everything you have invested in the project. There are plenty of opportunties in crypto, there is no way staying in one project and been loyal for many years will do you good, as long as they are altcoin, the dump will come and when it does, you will regret why you never sold them earlier when the price was high.