HODL Bitcoin, do not panic

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Avatar for Yugocean
1 year ago

While investing in crypto, the ups and downs in it should not be ignored; sometimes the market goes up, sometimes it goes down.

Bitcoin is

There is no greater job for Bitcoin hoarders than tending to injured bulls during a bear attack. That is, in a way, why they should increase their bitcoin stock. This gives an incentive to BTC and also keeps the market movement from panic selling under control. The ones who need to worry are the traders.

HODL or Panic

This is also why, for those who use bitcoin, 1 BTC = 1 BTC, just as 1 euro = 1 euro or $1 = $1. For those who trade, it is necessary to buy and sell continuously, like in forex. In a falling market, they will either have to sell at a loss or suspend trading to allow the price to reach a profitable level.

Conclusion

The Hodlers sometimes do day trading, sometimes short- or medium-term trading. When the market falls due to the havoc of the bears, then such trading is stopped so that the loss caused by it can be avoided. But when traders also invest, they can convert the value of profit into smaller investments.

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$ 0.03 from @TheRandomRewarder
Avatar for Yugocean
1 year ago

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