Okay, and regarding liquidation, how do we deal with it? If we set a stop loss, we will be liquidated and the matter will be over.
Mr Coins
·
--
When cryptocurrencies fall below your purchase price, holding on to them rather than selling them at a loss is the wise move. Cryptocurrency markets are highly volatile, and what goes down today may go up tomorrow. Focus on the fundamentals of the coin you invested in; if it is strong and has a future project, then it is only a matter of time before it returns to the purchase price or even makes bigger profits. In the meantime, avoid making emotional decisions, and make sure to follow the market calmly. Remember that success in cryptocurrencies depends on patience and the ability to withstand fluctuations. $DEGO
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
40
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.