In the world of crypto trading, one rule is set that don't sell at a loss. If you want to be a good trader, the first thing you must set in your mind is that you must not end your trade in loss once you manage to not loss is a great win for you.
These days we see that market is much volatile and Bitcoin price is really unstable. One of the main reason could be the FED rate and also the worst scenario in the Middle East.
It's time to understand how market whales plays the game and they use the news to bring volatility in the market.
Whales always try to trigger losses from you guys. They create fear and panic. They want you to initiate massive sell off. They try to make you guys emotional.
And when you take decision emotionally, you will surely close in loss. One thing to keep in mind that volatility is normal. Crypto is always a game of highs and lows.
You must not be panic once you see the price of Bitcoin coming down. You must always try to go for long term vision. Success in crypto is about strategic planning for the long term plan.
We are very close to the new year and in the 20th of January you will see a change in market and surely an altcoin season will soon to be start.
These are the times that you will see your good times after three years of bearish market.
Therefore it's not to give your money to the whales, rather hold it tightly because you will also see the good days.
What do you people think about the current market scenario? Are you holding your crypto or just sold out? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
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Thank You!
Best Wishes.