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Is this the right time to buy coins as the market is going down? Will the market further go down or will it bullish from now on? what are tops picks to buy and hold?
#Write2Earn
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#MarketDownturn Crypto world is highly volatile due to its decentralized nature. Various internal and external factors cause market downturn. A few of these factors are given below: - Manipulations by whales to cause sudden surge and downturn in the price of coins - Political events such as uncertainty about the outcome of US elections - Disinvestment by institutional investors - security breaches - regulatory changes *Strategies for Capitalizing on the downturn* - follow simple rule: book profits when the market is acting bullish and buy the dip when the market is experiencing a meltdown. Invest and Take profits in phases to avoid massive losses and maximize gains - Keep an eye on coins with huge potential so that you exactly know what coins to buy during the dip. *Tips for Staying Strong and Resilient During Market fluctuations* - Don't keep your face glued to screens when market is bleeding, it will only increase your anxiety and probability of making bad decisions - Don't panic sell just because the market is red; wait and watch out for the opportunity #BTCMarketPanic #dyor
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