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I had set 0.18000 for
#coti
but it climbed to 0.1740 and then took a downward turn. Should I sell or wait for it to reach my target?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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COTI
0.08072
-1.66%
1.3k
0
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#MarketDownturn Crypto world is highly volatile due to its decentralized nature. Various internal and external factors cause market downturn. A few of these factors are given below: - Manipulations by whales to cause sudden surge and downturn in the price of coins - Political events such as uncertainty about the outcome of US elections - Disinvestment by institutional investors - security breaches - regulatory changes *Strategies for Capitalizing on the downturn* - follow simple rule: book profits when the market is acting bullish and buy the dip when the market is experiencing a meltdown. Invest and Take profits in phases to avoid massive losses and maximize gains - Keep an eye on coins with huge potential so that you exactly know what coins to buy during the dip. *Tips for Staying Strong and Resilient During Market fluctuations* - Don't keep your face glued to screens when market is bleeding, it will only increase your anxiety and probability of making bad decisions - Don't panic sell just because the market is red; wait and watch out for the opportunity #BTCMarketPanic #dyor
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