Things to do While Market Crash
This Post is gonna help you alot just read till the end. Whenever the market goes down people get panic and made few common mistakes in result they make huge loss. instead do these things, am sure you will not just made yourself keep away from loss but make good profit even in these type of crash.
1. Stick To your Plan.
plan is very important for anything in life. So in crypto market it becomes very essential. Before taking any trade,make some plan of buying, DCA and selling. then stick to that plan even you are in 90% loss.
2. Do DCA
DCA is very important. we can't neglect the value of DCA in trading. Every crash is an opportunity to enter in the market not just to take down your entry point but to make some quick profit. So always spare some dollars for DCA. DCA will help you alot in not making big loses.
3. Avoid From Future Trade
Future trades not just increase the probability of profit and quick profit but also increase the chances of loses. No one can predict the bottom of the crash, so it becomes very lethal to do future Trade in dump. I have seen many people getting liquidated their entire portfolio due to future Trade. so avoid it in crash until unless you are a pro trader.
4. Trust in Yourself
Believing yourself is a great thing. have seen many crashes in my life. Now it doesn't affect because have a strong believe that can get out from the break even point. When you believe yourself you don't get panic. When you don't get panic you don't make mistake.
5. Stick to Some Giants coins
Always keep some big coins in your portfolio like $BTC $ETH $BNB $SOl $Ada $ DOT $Doge. As they don't go very fast up in the same manner they don't go down to much.
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