Today’s cryptocurrency decline reflects the volatility of the crypto market that is normal in this type of market. According to information available on the internet, the price of Bitcoin has fallen below $100,000 and other major currencies such as Ethereum, Ripple and Solana have seen similar declines. This decline is due to multiple factors including rising bond yields and their impact on investors’ risk-averse strategies.
To avoid losses:
1. **Diversify investments:** Do not put all your money in one currency, but try to distribute it among different currencies to reduce risks.
2. **Risk Management:** Use Stop-Loss orders to protect your capital from large declines, and determine the percentage of loss you can afford.
3. **Continuous learning:** Follow economic news, technical and fundamental analysis of cryptocurrencies. Understanding the market and the factors that affect it can help you make better decisions.
4. **Long-term investment:** Cryptocurrencies are considered a high-risk investment in the short term, but some investors find benefit in investing in the long term, relying on the acceptance of these currencies by the market.
5. **Beware of untrusted websites and applications:** Make sure to use approved and trusted platforms for trading to avoid fraud or loss of funds.
6. **Use balanced strategies:** Invest what you can afford to lose and do not invest more than you can afford to lose.
Information available on the Internet and posts on social media platforms indicate that this day is considered a turbulent day in the cryptocurrency market, which requires investors to be cautious and think strategically to avoid big losses.