DON'T LET FEAR ACT FOR YOU
Markets go in cycles, sometimes up others down.
When we find a market correction like this one, due to overbuying, overpricing of shares and commodities and so on, it's normal that voices arise saying this is the end of an era and many other catastrophic things. Don't pay attention and think before acting.
There have been many global crises in the markets and the world, unfortunately there will be more, but with time they have all been surpassed.
Now we are in the middle of a mix of factors (macroeconomics, geopolitical...) that have pushed the markets down, not only crypto but most index and many major companies have seen their shares go down. Consecuently everything goes down.
The main problem here is FEAR, which is a powerful emotion that will lead us to take wrong decisions.
Be careful, study the market, watch the graphics (not only crypto) try not to move by emotions and plan a good strategy.
Also please be careful in this context with spot trading positions. No one can asure this has come to an end and everything will go up again right now (it could be, but no one knows 100%) in these situations there are sudden movements that can leave you out of the market if you are in the wrong position. Whales take advantage of these situations to sell even more and buy even more with huge amounts of money in a few transactions in no time, sweeping stop losses and making sudden movements up or down so quick that you just can't do anything to avoid it, only hope it gets you in the right direction. Just be careful and act wisely.
With time it will all go up again, even though many will fall before that happens.
Just don't let fear act for you.
But Hey! Don't pay me attention I'm just a CryptoNewbie... Furthermore, I'm an alien!!!
WHAT DO YOU THINK OF THIS??
Disclaimer.
*I am neither part of the companies mentioned above nor a staff member of BINANCE or any other exchange or investing company.
*This is not a financial advice
*I am not a financial adviser
*Act under your own responsability
*Beware of scams and never risk more than what you can afford to lose
