Panic for Loosing my capital in cryptocurrency

sharier (45)in #cryptocurrency • 7 years ago

I brought it from fast week of december. But recently its price changes very rapidly I don’t know is this any side effects of any btc price fact or not

Dogecoin
DOGE / BTC
24 hour
Statistics Last price
0.00000064 Change
-4.48 % High
0.00000069 Low
0.00000063
Volume: 98.43797784 BTC / 148296653.73289832 DOGE
Date: 25/01 08:38 Vol: 6900203.10529710 Base: 4.49566596
Open: 0.00000065 Close: 0.00000066 High: 0.00000066 Low: 0.00000064

Zoom18:0026. Jan06:0012:0018:0025. Jan06:0012:001. Jan8. Jan15. Jan22. Jan0.000000630.000000650.00000068

7 years ago in #cryptocurrency by sharier (45)

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smalltyme (29) 7 years ago

It's unfortunate, but you entered the market when it was stretched too far after a parabolic upward move. At this point, selling would mean locking in your losses. I would wait a few more days and gauge the movement of price. If it looks like things will recover, then waiting it out is the better option regardless of how long it takes. This is why you shouldn't invest money that you cannot afford to lose. If, on the other hand, prices keep falling (for example if bitcoin remains under 10k), then I would just take the loss and come back in when it looks like things are recovering.

I am simply saying what I would do, not giving you any sort of advise on a course of action.

$0.00

2 votes

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