What should I do when crypto dumps?

in #bitcoin6 years ago

Hello eSteemian friends wherever you are !!!


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In the past 3 months, the crypto world has often been pumped and dumped, in which cases such as this made shareholders fear a little about the future.

For example, BITCOIN, for the past few months the price of BITCOIN has continued to decline slowly from $ 7,000 to $ 6500. Today the price has dropped dramatically to $ 5569.


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And this makes BITCOIN shareholders anxious, they have to do what they can, they might lose if they sell it, or even they survive but don't know when to sell it. And this is a problem in itself, there is certainly a risk in the crypto world.

There is one interesting question, is there a strategy when facing a dump? The answer is of course, I will continue, while continuing to buy BITCOIN in a dump, when pump occurs, I will sell it, so the profits will come. Even if I have to last a long time to survive, I will continue to do that, the crypto world is a world that tests the patience of its shareholders.


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