Today in the morning on correction came in BTC and in alt coin which created high panic in retail investors many retail investors got liquidated due to high leverage, which should be aware about market eating the only eating of market is hunting money from retail investors without this market doesn't move upwards, the market doesn't go for big moves until and unless it collects money from leveraged traders.
Now if we know about liquidation game then we should do care and not use high leverages,while trading we should manage risk so we should be in safe rang.
Now let's come to xrp, xrp drop from 2.71$ suddenly to 2.17$ first it was pushed by whales and retail investors entered and entered insanely without knowing about liquidation game and Bitcoin movement., now xrp is down we are afraid to buy back when it will be pushed again we will be in FOMO to buy at high price it is our mistake and foolishness.
The price is dumped by whales and institution so they get it buyback at cheap price many bank are buying here and we are in thinking and fear of dump , we should but at low price but with proper risk management and perfect stop loss
Personally I think it is a right time to buy and use 3 percent of our wallet the remaining 97% should be dca.
