Quote from: Bloodseekers on August 23, 2023, 11:40:19 PM

Quote from: HONDACD125 on August 23, 2023, 11:48:04 AM

You are right that the cryptocurrency market is collapsing and the prices of other altcoins are going down a lot due to the fall in the price of Bitcoin. It is true that whenever such a trend occurs or the market falls due to some bad news, many people start selling their assets out of panic. You're right though that it's the best time to shop for us, and we get the chance to get everything at cheap prices. Experienced people and those who are familiar with the cryptocurrency market take full advantage of such an opportunity. They always wait for the market to fall and keep a spare fund for such an occasion. Of course you are lucky that you have funds in the exchange and you are getting an opportunity to buy at a lower price. . We are also taking full advantage of this opportunity and buying Bitcoin as well as other altcoins at a good price.

For those who are new to crypto, of course things are like now, of course they will panic because they are just starting and don't understand, if they understand well, of course they will take the opportunity to buy it, but we don't have to force ourselves in this case, buy as much as we can don't force yourself so you don't regret it in the future.

yes it is a nervous moment for newbies when one enters the crypto market and then the market starts to fall. This is a natural process. In the beginning when I was new I invested in the crypto currency market, when the market started to fall I also panicked, and sold many coins at a loss. Newcomers do not understand such an opportunity and instead of taking advantage of it, they lose it. Both capital and experience are essential in this market. Because the expert realizes that instead of selling his assets, this is an opportunity to buy more coins. While the newcomer panics, and sells his assets at a loss. However, you are right, that there is risk on the crypto currency market. We should always invest the amount that is more than we need, and later we will not regret in case of loss.