THING I WILL NEVER DO WHEN BITCOIN IS FALLING...
As someone who bought coins from the top and stayed inside during the Covid19 period, I witnessed how BTC gradually fell. The only mistake I made during that period was to lose money by watching the decline without using stop loss. Frankly, I did not listen to those who knew and warned. When my capital dropped to 1/8, it was too late.
Now BTC has recovered a little bit, but I still haven't been able to cover my losses at the bottom. While the bull or bear debate continues, I think BTC has entered a bull trend. 80000 is very close.
The only thing I won't do when BTC is falling is panic sell. But if the decline deepens and gradual declines continue, stop loss should definitely be a choice.
The market may experience sudden declines and rises in order to liquidate margin users. Since this process will last a short time, panic buying is the ideal time to make a loss.
STOP LOSS SHOULD BE USED TO AVOID LOSSES AS SOON AS A LONG-TERM DECLINE IS PERCEIVED... BUT IT IS THE MOST IDEAL NOT TO PANIC DUE TO SUDDEN DECLINES AND RISES IN THE MARKET...
#link Looks promising. 3-digit numbers are not a dream...
As long as it does not contain insults, I would like to receive your opinions and comments. I am waiting for your comments, likes and follows.
What is written is not investment advice. It's a note to myself. Hello
