Post
Topic
Board Altcoin Discussion
Re: Investment involves being realistic, doesn't it ?
by
Hypnosis00
on 21/04/2023, 12:19:44 UTC
It's true. Nowadays the market fluctuates again and many have faced losses, including me. I bought Bitcoin and some other altcoins when the prices were high and unfortunately they all dropped dramatically. The good thing is that I don't panic that much because I am confident that bull market will arrive soon, hopefully this second-half year. Of course enhancing our knowledge is a must and we should do this every single day.
We just lose if we sell them when the price drop but if we can still manage to hold them until the time it recovers, profit is not impossible. Unfortunately, it was not happening all time because most of the time we have been beaten up by our emotions and worries thinking negatively -" What if it never rises back?"
We have usually been fooled by our own judgments and decisions. To dumb to say but honestly, I experience losses as well due to emotions. And many people have been in this situation even though we know that after the corrections, there is always recovery.