Laughs, that's the best time ever to invest in cryptocurrency. Some persons who cut off their profit via crypto always wait for the market to fall so they'll buy plenty for profit again.
It is ideal and encouraged to holdl to your coins even if the value keeps going down due to the issues of the bearish run, you should stick to your coins.
I agree with you. There are many people that tend to panic when it comes to the decreased value of a coin and as a result they see a major loss in their cryptocurrency portfolio. It is important not to panic and wait for a profit to be seen.
Yeah a lot of people are scared of the dip in cryptocurrency , when they invest they expect the price to always go high but the problem is that it could take another direction
With the current exchange in the bear market , crypto currency coin is not adviseable to be invested in when all you have is your emergency fund, its better to use the money you can hold for a long term.
Sure, their is no reason for someone who is eager to achieve success via cryptocurrency will panic when the coins drift down. Their is every possibility for them climbing in the future.
I think it can be a very difficult thing to try and determine which coins should be held for a long period of time and which should be sold as soon as it starts to drop to rather cut your losses. It is a very fine line.
Yes, it is difficult to analyse critically on the coins to be held for a longer period of time. But if you follow the market well you'll come to know the coins that is good for either short or long term investment.
This is a very good suggestion you have when there is a bearish run in cryptocurrency market. It is a signal to buy more cryptocurrency coins and not to panic and sell.
I agree with you. I tend to look at the market cap of a coin and see how the trade volume is. If it has a high volume for a long period of time then it shows continued interest in the coin and that is indicative of a long term investment.