Fistly, STOP Checking your portfolio every now and then!! It is not healthy for you ! Your mental health is paramount. In fact, I advise you collapse you wallet Balance to stay hidden from your sight! RELAX! no need to panic sell your spot holdings !
I once made this mistake and I want you to avoid it! What you are experiencing now as market crash is normal in the crypto market .
A lot of Fundamental reasons caused Bitcoin and Ethereum to go down or crash down; thereby crashing many Altcoins too! But it is good to hold, because reversal will surely come!! Though not really certain when.
You should use Market FUD to your advantage , don't let FUD use you! FUD can make you sell in loss! Imagine after selling all your spot holdings at loss and in the next few days, boom ๐ฅ market reversed to the uptrend ! So, In this type of market uncertainty , it is advisable to hold on to your portfolio and avoid checking it every hour to avoid emotional trauma. Just relax.
This is not time to sell, this is time to buy bit by bit using DCA method if you still have funds, otherwise just ignore the market.
Lastly, embrace education during this period. It is the best time to learn about trading and more!
NOTE: The entire content of this article is originally born out of my personal experiences and my personal opinion. Always make informed decisions.
Hope you find this useful ! Goodluck to all of you ๐ค NFA - DYOR
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๐ก๐๐ช๐๐๐๐ฆ ๐๐จ๐๐๐ ๐ข๐ก ๐ช๐๐๐ง ๐ง๐ข ๐๐ข ๐๐จ๐ฅ๐๐ก๐ ๐๐ฅ๐๐ฆ๐๐๐ก๐ ๐๐ฅ๐ฌ๐ฃ๐ง๐ข ๐ ๐๐ฅ๐๐๐ง - ๐ ๐ ๐จ๐ฆ๐ง ๐ฅ๐๐๐
Fistly, STOP Checking your portfolio every now and then!!
It is not healthy for you ! Your mental health is paramount.
In fact, I advise you collapse you wallet Balance to stay hidden from your sight!
RELAX! no need to panic sell your spot holdings !
I once made this mistake and I want you to avoid it!
What you are experiencing now as market crash is normal in the crypto market .
A lot of Fundamental reasons caused Bitcoin and Ethereum to go down or crash down; thereby crashing many Altcoins too!
But it is good to hold, because reversal will surely come!! Though not really certain when.
You should use Market FUD to your advantage , don't let FUD use you!
FUD can make you sell in loss!
Imagine after selling all your spot holdings at loss and in the next few days, boom ๐ฅ market reversed to the uptrend !
So, In this type of market uncertainty , it is advisable to hold on to your portfolio and avoid checking it every hour to avoid emotional trauma. Just relax.
This is not time to sell, this is time to buy bit by bit using DCA method if you still have funds, otherwise just ignore the market.
Lastly, embrace education during this period. It is the best time to learn about trading and more!
NOTE: The entire content of this article is originally born out of my personal experiences and my personal opinion.
Always make informed decisions.
Hope you find this useful !
Goodluck to all of you ๐ค
NFA - DYOR
Let's keep Learning and building
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