2018 has brought many surprises for us. Many experienced players in the cryptocurrency world understand the volatility and stay composed when such scenarios occur. However the entry of a lot of newbies into this world and their apparent investing during the bullish run has caused them to panic and empty their bags as the price drops resulting in a loss for them. This has caused Panic everywhere!
These people, who because of their own lack of knowledge and research, invest thinking that they will earn profits overnight, incur losses as they make an inefficient judgement without any knowledge or simply by following others like sheep.
Such kind of attitude is absolutely inappropriate as it will always result in losses.
It is necessary to maintain patience and composure.
Do not pay attention to Fear Uncertainty Doubt (FUD)
If you have incurred losses do not spread FUD [ C'mon be mature ]
Always remember
You should not sell below or equal to the price you have purchased
Because if you sell for a cheaper price than you bought for and after few days price skyrockets you will feel like
Always try to HODL during Bearish run and for long term too. Listen to Rock Balboa's advice
You should understand that the crypto world is extremely volatile and huge price swings in short amount of time occur.
You should try to do more research and analysis by yourself.
And Always Believe in Yourself
Hope this relaxed you a bit!
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