Ways to save yourself from panic cryptocurrencies situations

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Avatar for Meshal
Written by
2 years ago

Greetings Bitcoin cash community I know the end of may is scary for not only Bitcoin cash community but also for other cryptocurrencies holders because of bearish market. And also people are so impatient and selling their tokens in low price without knowing the strategy of market

We all know it's not a right time to sell our cryptocurrencies. We all know we can regret later if we sell our token but still we're selling it. Because we think price will go more down but it's not true there is a brighter day after a storm ( there is definitely a big pump after a big dump)

The article is specially for Bitcoin cash holders.

The topics I highlights in this article are given below

  • Don't follow people who are spreading hate about cryptocurrencies

  • Don't check the price after every second

  • Save your seed phase and delete your wallet

  • Start seeing prediction videos

  • Make some noise on noise.cash

  • Don't think you're in loss do comparison

Let's talk about First point which is not follow people who spread hate about cryptocurrencies

If you like something don't stay there where people talk against that thing. Like on twitter I saw so many people who say crypto have no future some say BCH have no future soon it will end change your cryptocurrencies into fiat as soon as possible. Because they are the one who hold their cryptocurrencies and ask other to sell so that because of this dip accour and they avail this offer and buy as much as they can. Always trust your coin project and just ignore this type of people and always follow people who are spreading love about your crypto coin

Point no 2 don't check price continuously

I know everyone see the price again and again specially when the price is dumping. I also see the price chart again and again even after every second but it's no a good thing. By checking continuous dump you will get panic may be because of this you will sell you coun because you think the price will dump more and you can acheive nothing. And this is your biggest mistake patience is very important in crypto world only a strong & patience man will become a millionaire in cryptocurrencies world so try to avoid watching chart again and again always see the chart once a day so that you will not get panic by any pump or dump

3 point which is only a suggestion for you

Well this suggestion is for those who have faith in coin and save their selves from panic situation save your coin in the wallet which have seed phase and after that write down these seed phase in a piece of paper or on a mobile note pad and then delete this wallet for few years or months but yeah don't check them price just forget about the wallet that it doesn't ever exist and than after few year check out. Are you rich? Yes of course you're this is what crypto world is, you can be rich as long as you hold your asset

Advice: for holding any crypto choose Bitcoin cash because this is the best crypto which have bright future

See video prediction videos, article and news

This is best thing to save yourself from selling the coin you're holding. Like I always watch Bitcoin cash prediction videos and also about it's future. I subscribe the channels big different YouTubers you talk positively about the coin I'm holding like @MarcDeMesel @georgedonnelly @RogerVer

I suggest you to subscribe their channels and watch their videos believe me you will get another level of motivation for hodling your crypto for a long time specially in this dumping market situation

Make some noise

Do distract yourself from panic market situation try to be more active on noise.cash interact with other holder of same coin. And give motivation to each other to not sell coin in the loss situation

Don't think you're in loss

One month back if you see BCH price it same as you're seeing today. Means crypto is a game of patience as I said above if you read it. And according my prediction on the next month 22 BCH will reach 2000$ price.

Always compare the price with one old price this will help you to not sell you're coin.

Closing Thoughts

I'm also following all these strategy and believe me it's very helpful and from yesterday I didn't check the price too but yeah I'm keeping an eye on Prediction post on noise.cash

If Tesla have diamond hands then Bitcoin cash have ruby gem stone hands.. and ruby gemstone is more valuable than diamond

Hence prove Bitcoin cash community is more brave and stronger than Tesla community ;)

Thank you for reading hope this article is helpful for you

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+ 1
Avatar for Meshal
Written by
2 years ago

Comments

If you can't hold

You can't won't be Rich..

@Mishal i think this quote of CZ CEO binance This is defining your entire article well. It is true that if we do not hold any Cryptocurrency. We can never be rich....

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