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What to do when crypto prices are crashing?
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[QUOTE="Shaf, post: 251324, member: 25467"] It's normal that when cryptocurrency prices are falling, people panic and sell. It's a human reaction to situations like this that pose danger. Very few would hold especially when price has been on a consistent downtrend for months like this, and sometimes, it's more rational and better for your portfolio and peace of mind that you sell. See, holding a coin that will potentially lose 99% or cutting your loses at 10% or less? Most people do not have the right trading strategy or any strategies at all, and we HODL with diamond hands till we are rekt. If there's any coin worth trading or holding when cryptocurrency is going down, it is Bitcoin. This is because of its more relative stability and it's lower volatility compared to the others. At least, you can be sure that you won't lose 20% or more % of your portfolio in a day. This isn't the same for altcoins and.tgats why it's best to stay away from them till things settle down. [/QUOTE]
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What to do when crypto prices are crashing?
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