Understand the coping strategies when the market is unfavorable in one article!
Are you afraid because the market is unfavorable to you, and everyone is shouting that the wolf is coming? A few words to help you better evaluate the situation:
First of all, you have to think about whether the money you invested is life-saving money? Or is it idle money that you don’t need to do anything for the time being? If it is life-saving money, then you have to be careful, you are being led by the nose by the market, and the market doesn’t care whether you live or die. If you have to use the money in a hurry and have to sell assets at a loss, then this time is a lesson learned, and don’t do it again next time. However, don’t be anxious, there is something to say later - who says it will continue to fall!
If you invested idle money, then the situation is not bad! You just didn’t choose the right time to enter the market. The key is, what is the wrong time? Many people on the Internet only look at short-term charts and don’t look at the overall situation. They stare at it hour by hour, four hours by four hours, and you may be thinking in your heart: "I have plenty of time, I can get my money back within half a year." Let’s not talk about misjudgment for the time being.
How does this affect your mood? Remember, playing with cryptocurrencies is very risky. You have to set a bottom line for yourself. Accept the loss as much as you can, don't waver, and then wait patiently. Yes, if you choose the right time to enter the market, you will be much less stressed now, and you may earn more, or it will be less likely to blow up your account. But who said that you can only make money and not lose money? You know it in your heart. Maybe you still have room now and can hold on for a long time. When the storm passes and the big fish eat the small fish, you may still be hiding underwater. When you surface again, the sea area has calmed down and the big fish are no longer wandering in that area.
Are you stuck? When is the best time to buy at the bottom? Again, if you are confused and helpless and don't know what to do, click on the avatar and follow me.
