It’s not easy to see your portfolio reducing in value just because the price of an asset keeps going down.
These is one of the reasons why you need to learn some tips on how to easily navigate the crypto market whether it’s in a bearish or bullish momentum.
1) Focus on the Long term: Recently, the price of some assets went up significantly, these is a What does this tell you? That’s it’s important for an investor to understand that though the market prices are going down, there’s still room for a much more significant profit if the person can be calm & hold on to the coins instead of panicking and selling it off.
2) Avoid Pumps and Dumps: Its common for newbies to just see a coin going up in price for no actual reason and then sell out their position in another asset just because it’s down, only to buy the coin that’s pumping.
These has proven to be a bad decision that will only lead to even more dumps.
It’s important to note that your investments should have gotten additional interest and profits before you sell it, that’s how to profitable in the crypto market.