Like any other person who has just known about cryptocurrency, I once asked myself too if what I am doing is right, as if I know the answer. What I just did is that, I just kept on reading and reading and asking from others who have more knowledge about it. But, I am still far from being a connoisseur in this field.
When you see that the price of BCH, and other cryptos, crashing it is normal to feel nervous. Seeing your portfolio go red is normal too since they are more volatile.
Just think of a tree. Once it was shaken, the leaves that are not really well connected to the branches would fall. Just like to traders. Those whose hands easily give up might miss the greatest opportunity.
As I have mentioned in one of my old posts entitled The Tree is Shaking: Will you still hold?, I believe that when the tree is being shaken up, you will see which fruit will remain strong and will still hold, just like what is happening in the crypto market today, especially to Bitcoin Cash.
Invest what you are willing to invest and what you can afford to lose. This rule is very important to put in mind especially if you are naive in this kind of thing. This is not just to protect your digital assets, but this is also important so that in the end, you won't regret it.
What goes down, will go up soon. The bull is just silent because it is preparing for a major lift up. And I believe that BCH is the real bull.
Friendly Reminder:
If you believe in the process, think again before selling your bitcoin cash now. Do not wait for the time where you would end up with nothing and just say to yourself, "wow, I wish I could come back in that certain time to buy some BCH in that certain price." Regret is regret, so make a wise choice.
Just in case you are having a hard time understanding some of the terms you read on this platform and other sites like bearish, bullish, FUD, hodl, and the like, here is an infographic prepared by yours truly. Should you have any other clarifications regarding it, feel free to use the comment section. Thank you.
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Indeed. Silent but furious. 😊