Extreme market decline, how to respond?
The recent market has been extremely volatile, with significant drops that have caused many people to follow the trend downwards. Such extreme declines can make many panic, even starting to doubt their judgment. However, if you can stay calm, you might find opportunities within.
Characteristics of extreme market declines
This type of market is like a roller coaster, dropping quickly and rebounding just as fast. The market is filled with panic, but it is often a time when value is underestimated. There are many high-quality coins that have been unfairly punished, and when the opportunity matures, looking back may yield profits.
How to operate?
Stick to buying in batches: Don't be frightened by the decline; buy high-quality coins in batches at low levels, maintaining a stable mindset. You are not buying the drop, but the future rebound.
Maintain patience: The market often finds support after an extreme decline, so patiently wait for a rebound and don't rush to chase the highs; manage your risk well.
Set stop-loss and take-profit: While the market may drop sharply, there will also be rebounds. Control your stop-loss line and do not hold onto losing positions indefinitely; allocate your positions reasonably.
An extreme market decline is not a disaster, but a new opportunity.
After this drop, followers will be led into a major bottom-fishing opportunity before the year ends, preparing for gains of 40% after the new year.
Fan Ge still says: Don't miss out on a bull market; there are opportunities waiting for you every day.
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