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How to act when the market collapses!?We often hear that we should not sell our currencies and hold on to them and wait until the price returns, and the wait may be long, but this is a grave mistake. "Loss limit" means setting a loss limit. Accepting a loss of 5-10% and selling the currencies is better than holding on and letting it fall to 20% or more without knowing how much the loss percentage will be. The correct solution is: accept the reality of losing a small percentage and sell and collect the money and wait for the end of the collapse, let's assume a 30% drop, and then buy from the bottom with the whales and go up and make profits and compensate for the initial loss that you incurred, and if the price reaches the old price, then you have made a profit of approximately 20% + 10% to compensate for the initial loss.

How to act when the market collapses!?

We often hear that we should not sell our currencies and hold on to them and wait until the price returns, and the wait may be long, but this is a grave mistake.
"Loss limit" means setting a loss limit. Accepting a loss of 5-10% and selling the currencies is better than holding on and letting it fall to 20% or more without knowing how much the loss percentage will be.
The correct solution is: accept the reality of losing a small percentage and sell and collect the money and wait for the end of the collapse, let's assume a 30% drop, and then buy from the bottom with the whales and go up and make profits and compensate for the initial loss that you incurred, and if the price reaches the old price, then you have made a profit of approximately 20% + 10% to compensate for the initial loss.
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