Post
Topic
Board Speculation (Altcoins)
Re: what happened to the market today?
by
Silberman
on 15/06/2023, 04:13:14 UTC
i was surprised to see the market today, everything fell in a short time, bitcoin fell around $1000 very fast and looking at coinmarketcap, all coins are red.  a few days ago bitcoin rose slowly, but today was very surprising. What happen today? Roll Eyes
If you are new to the crypto space, I'm not surprised. But just to tell you that what you have seen today is very common in the crypto space, that's how volatility looks like and we can't expect everything to go so well, a market crash is also possible. That is why it is called a risky investment and if you can't manage to handle this situation and are able to adopt it, surely it gives stress on you.
I encourage you to keep strong and calm, it dumps today but believe it will turn back high again.
One of the most basic lessons new traders must learn but refuse to do so is that volatility can work both ways, so sometimes it can favor us and it can allow us to make a lot of money in a relatively short amount of time, but sometimes it can work against us as well, right now the market is experimenting a negative trend but for those of us which has been around for a very long time what we are seeing is nothing new and we can easily deal with it.