🚨‼️Market Sentiments! DONT WORRY ‼️🚨
Experiencing fear during market downturns is normal, especially when portfolios decline by 30% in just three months (for Spot traders) or face rapid liquidation in Futures trading. As someone who began investing in crypto back in 2016, I've learned a few crucial lessons:
1. Hold Strong: When the market drops, resist the urge to sell in panic. Holding onto your portfolio can prevent regrets when the market inevitably rebounds. In Spot trading, losses are realized only upon selling at a loss.
2. Ignore the Noise: Many self-proclaimed "experts" offer predictions, but no one can reliably forecast market movements. Don't let their opinions sway your decisions. Remember, markets recover eventually after downturns.
In conclusion, your portfolio's fate rests solely with you. Patience and emotional control are key. While not everyone will profit, those who stay resilient stand a better chance of success. Also, remember to secure profits during market highs to cushion against downturns like these.
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