Good or Bad news, On Jun 24, 2024, 17:12 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 60,000 USDT and is now trading at 59,881.621094 USDT, with a narrowed 6.49% decrease in 24 hours.
These kind of Binance news headings above does seem to want to raise the blood pressure of a lot of people and throw many into a state of panic and confusion, especially as they see the value of their investments and portfolio plummet and go down.
But let me tell you this. Just as what goes up must come down, so also shall the fallen bones rise again.
Don't panic or trouble yourselves too much as crypto prices go down, but rather, prepare yourself for the turn around. It is not the end of the world and definitely not the end of crypto, so they must surely reach a point where they will start pumping again.
So what do you do at this time.
(1) Control your emotions and focus on your strategy.
(2) Don't sell. If you sell you lose. Hold on to your positions and be patient.
(3) If you are in margined trade, increase your margin to avoid liquidation.
(4) Do your own research and start buying at these low prices if you have funds.
(5) Then monitor the market, watch and wait.
The patient dog eats the fattest bone. Wait and wait and I assure you, the prices will rise again and you will make huge profits from those purchases at low prices, or at least recover your old investment values. That is the beauty of crypto trading with care and focus.
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