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Author Topic: Are you ready to undergo painful correction?  (Read 7657 times)

Offline Anonylz

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Re: Are you ready to undergo painful correction?
« Reply #60 on: May 28, 2021, 05:05:19 PM »
It is a correction, there is no need to worry. The market is growing, we just need to wait for the time of the upcoming bullish. As long as we don't sell our crypto assets, it means we don't get losses yet. There is always a chance to get big profits. We don't be panic because of the painful correction.
I agree with you that once you have decided to invest in Bitcoin then you must be prepared for all that comes with it most especially the price volatility. This is one of the main characteristics of crypto in general and if the price drops before you are able to get out, HODL is the best option because there will always be a rise again.

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Re: Are you ready to undergo painful correction?
« Reply #60 on: May 28, 2021, 05:05:19 PM »

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Online gabbie2010

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Re: Are you ready to undergo painful correction?
« Reply #61 on: May 29, 2021, 01:57:58 PM »
It is a correction, there is no need to worry. The market is growing, we just need to wait for the time of the upcoming bullish. As long as we don't sell our crypto assets, it means we don't get losses yet. There is always a chance to get big profits. We don't be panic because of the painful correction.
I agree with you that once you have decided to invest in Bitcoin then you must be prepared for all that comes with it most especially the price volatility. This is one of the main characteristics of crypto in general and if the price drops before you are able to get out, HODL is the best option because there will always be a rise again.
I had been in the crypto system for a while and I had many past experience of many price corrections as a newbie then I used to panic sell because of my inability to control my emotions however no amount of price correction can make me to panic now, its a pity a lot of newbies wouldn't understand how crypto market operates once the price drops they panic sell and wouldn't hodl not knowing that price will rise again.

Offline Vx1

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Re: Are you ready to undergo painful correction?
« Reply #62 on: May 29, 2021, 02:37:17 PM »
Correction in Cryptocurrency is certain, we cannot avoid it. However, we can avoid it if we sell our assets from now on and hold USDT. But if we are willing to take risks and maybe get bigger profits then we will still hold on to Crypto coins. Crypto prices will definitely go up if there is a correction, but we have to wait patiently.

Offline Master107

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Re: Are you ready to undergo painful correction?
« Reply #63 on: June 01, 2021, 01:29:40 PM »
Either in pump hard or dump hard, we must be prepared to control our temper and act as a mature person in crypto as we are all aware about pump and dump.

 

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