Anyone who is panicking because of the market these days is not paying close attention. This is the way the market works, its volatile and to believe it always needs to go up, is to be a bit naive.
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The truth is that nobody truly knows where the market is going to be a week from now, two weeks from now or even a month from now. Anyone who predicts anything is probably is guesstimating at best. A wise investor would tell anyone who is panicking right now, that the money that they have made over the years come from those who panic.
That might sound harsh, but it's pretty accurate. If you are worrying too much about the prices of crypto going down, that probably means you are getting ready to allow these investors to double their investments or more. I’m pretty serious about this, I just got off the phone with a friend asking me if he should sell. Why? On a red day?
Whoever tells you that he or she is into cryptocurrency investments purely because of the technology might be a little disingenuous, specially if that person who said that to you is the one who is panicking at the moment.
Patience is key, if you understand what this whole revolution is all about, if you really understand it you know how this whole thing plays out. It will go up, it will go down, it might go sideways, but overall with time, the trend is up.
Being a good investor is not easy, if it was, the title would not exist. Think about that for a second.
