How to Deal the Bearish Phase in Crypto Market - Fear or Oppurtunity
Hi Everyone. The Crypto Market is Bearish i.e, Red. But how we as an investors and traders should deal with it.
Most of the newly entered will panic badly and start selling their portfolio in order to accept losses and get out of the market with smallest possible loss.
It all is inside our mind. We should think of it as another way.
Let's say you buy a T-shirt today for 2$ and tomorrow there is a discount sale and you are getting it for 1$ what will you do. Will you buy another one @ 1$ and enjoy the opportunity or you will cry for the one you bought at 2$ or you will ask the shopkeeper to take the old one back in exchange of one dollar.
I will prefer buying the new one for 1$.
This is all because of the human nature the shirt we bought is for fashion so we don't care about the price but the cypto currency we bought is to extract profit and we cannot control our sentiments after seeing it negative.
Note this words: RED MARKET IS THE DISCOUNT SALE FOR YOU TO BUY CRYPTO CURRENCY
And you will never ever fear again. But offcourse you should have a holding capacity and much savings in order to invest.
Please follow me and hit Upvote. Thankyou
I never take much notice of one day or even a week downturn. The long term trend is still up, so the bull run is likely to continue. It was getting hard to find something that looked worth buying, so a discount now is good.