In the midst of red, what can be done?

in #marketcrash7 years ago

Here is some brief takeaway from this ongoing market crash down.

1.) Volatile market means great risk and opportunities, BUT don' try to predict the market now. The best time to entry is when the trends are based by FACTS/ Official News.

2.) If you notice the coins are going downwards, instead of Holding it, you should consider selling and buying it later. This is one mistake that i made during these times which can serve as a great lessons.

3.) Never ever buy/sell based on your emotions, read as much as you can and gather all the opinions.

If you looking at the chart, the current drop is more of a correction and panic selling driven by China ICOs. For people enter few months back, the return is still great. Until more news confirmed, do proceed with cautious.

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