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What to do when crypto prices are crashing?
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[QUOTE="AlexFr, post: 251316, member: 77182"] Despite crypto prices down, Bitcoin, Ethereum, and many other cryptos are still considered good investments. How can a crypto investor manage risks when crypto prices are crashing? [B]Stay calm[/B] Before you hit the panic button, take a deep breath. Emotions won’t help you in making a wise decision. Stop reading social media influencers because they just use the situation to get more visibility. [B]Ignore volatility[/B] Remember that crypto is a forward-looking asset for traders and investors. [B]Analyze the situation[/B] Many actual developments can affect the crypto prices, same as fundamental news can also drive the crypto prices up or down. But wise crypto investors look beyond today’s news. [B]Consider how to act[/B] You should create an action plan which will reflect your investing strategy. Whichever way you decide, it's important to find the right crypto exchange to buy or sell your bitcoins and altcoins. Many investors use EvBlock crypto exchange because it is a reliable and trusted partner. [/QUOTE]
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