Post
Topic
Board Trading Discussion
Re: What happened to the crypto market?
by
mirakal
on 14/06/2024, 13:18:31 UTC
The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.
We only get calm if we know that we are invested in the right and high-potential coin/s. I believe there is a reason for the dump but don't get bothered too much, it recovers back just like before. I was confident enough that we were not yet in the bear season but still on a bullish market and what we have experienced was a normal dumping situation.

They lose their money if they sell but if they just hold and wait for the recovery, they'll be earning more. So, therefore, choose those coins that you think will recover, not those coins that will die, or just choose only bitcoin for assurance, not altcoins. Most especially if they are buying meme coins, this will give them losses if the market continues to dump as I am afraid it will never rise again. If we trust bitcoin then I believe we have a reason also to stay calm and optimistic.