How most Traders and Investors react during the Crypto winter

Not everyone wants crypto winter to come because they want their Crypto assets to just sky rocket without turning back. One thing for sure is the market always move either sideways or it goes to the moon but always remember that whatever goes up must come down.

When the time comes the whole market will crumble into the red sea and that is when we see the different types of investors and traders we have on the market. One thing i can say is, 'the pain is inevitable but suffering is optional'. The winter will always come every year and it always go and a new dawn starts, how you react to that winter determines your future.

Why Does the Market Dips?

The Market makes U-Turns whenever they hit certain spots and they do a short retrace or reversal going downwards. When this happens we know that the investors and traders are temporarily getting out of the trades or taking their profits waiting for a perfect moment to re-enter again. So as a trader or investor make sure you are wise enough to tell the difference and make the right choices.

How trader react

We have 2 types of traders and investors and you see their true characters when the winter comes. Firstly i will start with

HODLers; Lets say the market is trending going to the moon and all of a sudden it hits a corner stone and takes a huge dip, the HODLers will just take a chill pill and relax. Some will fill in their bags as this is the best opportunity they get to buy at a discount.

They know that when they buy the dips they will quickly get into massive profits when the crypto summer comes. Always remember this, Buy the Low and sell high, this is how traders and investors survive in the Crypto jungles.

Panic Sellers

These are the worst traders Lol, i used to be amongst those and i realized that its a game of emotions. I have come to realize that do not get involved in the fast moves because that is when you will make irrational and bad decisions in a rush.

Always avoid being a panic seller because you will live to regret it. Whenever you panic sell remember someone is buying those same coins you are selling and they are going to HODL and later sell them at profit.

So the first thing you should do is knowing if you are a swing trader or a long-term investor. If you are a long-term investor its obvious you will be making investments which you want to harvest in some years to come, its like you will be creating your pension fund.

 wisely and don't check on daily So just select your crypto assets basis to avoid making foolish moves. The world is embracing crypto currencies and blockchain and with the major partnerships happening on Crypto.com its a big sign that in 5 to 10 years the global capitalization will be huge. Just make sure you don't let the Big players toy with your emotions because when ever we make loses they make money and whenever they shake markets its like they will be saying jump and we ask how high. So to avoid that just invest and forget and let the market do its works.

If you are a swing trader then you have to make sure you always check the charts so that you don't get hit whilst your guard is down. Most swing traders suffer from this, imagine seeing that you was in profit and all of a sudden you are now in a dip loss. So just make sure you are on the right path and not let the brokers and crypto exchanges hit you with margin calls. Always know when to hold and when to let go, try and look for reversal candlesticks so that you get out in time and book your profits.

Conclusion

Crypto winter is not a time to panic sell, its a time to HODL and eat the dips while we waiting for another bullish waver. If you panic sell, you will be just moving 2 steps forward an 3 steps backwards so don't let the noise in the market destruct you.

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