Today, the crypto markets are seeing a noticeable dip with red dominating the charts for most popular cryptocurrencies. So many investors are panick-selling and I really doubt it that's the right approach to take tho.
The market is gradually telling that it it is going toward the bear market season, but we cannot draw a conclusion only on this, because it can be deceiving a times, but since the supporting level has been broken below $98,000 and now that we have $96,000 today, anything can happen further more, we should be very careful on how we trade, its more better that we use the pattern of buying the dip, holding and selling during the peak time of the market.
So, which investor are you?
1. Panick seller when prices dump.
2. See an opportunity in the dip, and buys it.
In times like this, one must be able to determine the kind of trader or investor he belongs and this is not a time to be slow in action or been too fast in action as well, we must always be close to accuracy with our predictions, because that is going to be what will determine what edge we are going to have at last towards the market.