The price plunge of many altcoins has led to profit taking and losses. For this decline, some investors cannot bear it and have to choose to sell at a loss. Now, they begin to seek various consultations and seek help from bloggers and others for psychological comfort. However, in the case of such a large-scale decline in the market, few people will advise you to enter the market. Most people will suggest waiting or bearish, which leads to you choosing to sell at a loss. However, unexpectedly, once you sell at a loss, the price often hits a low point. It is important to understand the thinking of the banker. At this time, the price of large cryptocurrencies has limited decline, while the secondary currencies have fallen sharply. This may just be to get investors out of the market. Many coins have fallen to our purchase price, such as: STEEM, ORDI, ENA, etc. At this time, we need to clearly understand the market factors and consider whether we should invest further or liquidate. My advice is that no matter how much you lose in your assets, you should first stay calm and don’t sell blindly. Secondly, if you have capital reserves, you can consider increasing your position and buying those currencies that have fallen by more than 30% (it is not recommended to chase high again). Third, pay less attention to the market, avoid being affected by group emotions, relax on the weekend, and check your account next Tuesday. I expect there will be a turning point around the 15th, and the market may start to rebound next week. This is the last chance. If you don't grasp the opportunity, you may miss it.
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