I think that you need to ask yourself - why did I buy Bitcoin for $ 5,600 or another price ?! And each answer will understand what to do next. If you took the BTC with the hope of making good money, then the best thing for you is to wait! If you are a newbie investor or without experience, it is better to sell and get money, so as not to be upset more than now. In general, you should understand that investment is a game, and if you know the rules of the game and are ready to stick to them, then play, if you do not know the rules, then it is better not to invest. The investor must always be cool and must be able to wait.
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Proof of Authentication:
Bitcointalk username: ven7net Telegram username: @venbusiness ETH wallet address RRC20: 0xfE7CedD7E0F60864A4191CA17e74684Dc35fc35b Which campaign(s): Reddit, Twitter and Facebook
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If you are so worried about losing your investment, then of course it is better now to sell everything and get back at least some funds. If you are ready to go to the end, then the best option for you is to wait! While the market goes up again and you can get your money back or even make money on it. But in the future, remember that any investments, especially in crypto assets, have risks, and you will not be able to influence this process.
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Certainly you are right! Only strong and seasoned will be able to achieve success and earn in the crypto market. I believe that if we invest in cryptocurrency, we should not forget about the main rules and of course try to stick to them. Of course, not everyone will be able to withstand what is happening now and many will have to sell their assets in the negative, but this is the reality and we can do nothing about it. Perhaps many entered the market when the market was growing and there was sweet news about the bright future and the high price of BTC, but no one said that the market was manipulated and made as it should be for the major players. But still thanks to this system, we got at least experience, and this is very important.
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I believe that the market is being manipulated right now. It is impossible to say exactly what will happen to the BTC price, since nobody knows this at 100%, and if someone does, he will be silent about it. Of course, we can assume further developments based on at least the past years. As far as I know and this can be seen on the chart, then after a big drop in the price of BTC there was always a big increase, and the price of BTC went up even higher. There was still panic, a lot of negativity, debates and predictions about the end of the BTC. All this was already more than once and again happening. All I think is that the growth of BTC will definitely be, but it is difficult to predict exactly when. Perhaps it will begin in December of this year.
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I believe that investors always want to buy an asset, as cheaply as possible, and sell, as expensive as possible. Based on this simple formula, we can conclude that now when the price of crypto assets goes down, interest from investors only increases and they are definitely purchased. Moreover, if we proceed from the rules of investing, then you need to buy exactly when the price goes down. So investors like this situation only. But we are talking about investors who were waiting for this moment, and those who have already entered the market before, of course, such a situation in the market will cause at least irritation.
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I work in the crypto market for a little more than one year. I managed to make money during this period and I want to continue working. At the expense of faith in the cryptocurrency itself, it is difficult to respond positively, since this is most likely just the beginning of development and it is still early to make loud statements, but the fact that you can earn on cryptocurrencies, yes, I believe in it. The only thing is how long it will all be possible. Namely, it will depend on many factors. I believe that while there is an opportunity to earn on cryptocurrency and it turns out, then we need to continue to do it.
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Yes you are right! Some countries restrict the possibility of buying cryptocurrency, thereby setting up potoncial users initially against the use of cryptocurrency. Other countries allow, but I believe that they provide little information about cryptocurrency. Based only on this, people start to doubt cryptocurrencies and this causes some sort of non-confidence. There are some people who do not study information and become investors and quickly lose their investments, it also pushes people away from cryptocurrency. There are really a lot of reasons, but in spite of these reasons, the crypto market and cryptocurrency are developing and finding those who are willing to invest their money.
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