Please is long I'm trying to learn about crypto generally but I don't seem to understand most things as if am left out. I leant that even though crypto market is going against you can still make gain out of the situation because to me am only experiencing lost and depression. Please what do I do whenever the market is experiencing deepening? Is there a way to reverse your trade or investment at that point that will make you gain instead of lost?
When you’ve invested into crypto, you’ll always gain more value for your investment when the market continues to appreciate and grow in price. The only moment you can make money from crypto no matter the direction of the market is only when you’re a trader and you’re able to predict well the direction of the market and trade in that direction when placing trade.
Also, there is no way you’ll make an investment in crypto and want to gain while the market is dropping, at that time, the value of your crypto will be dropping which rushing to sell is not the right thing to do. When you’re also places a trade in the wrong direction, reversing and want to go in the direction of the market will mean you are in FOMO and will not make you protect your risk well.