Here’s how to act when the cryptocurrency market is uncertain:
1. Avoid emotional decisions: Don't enter or exit the market out of fear or greed. Rely on a clear trading plan.
2. Rely on technical analysis and historical data: Cryptocurrencies often follow technical patterns due to the dominance of speculators.
3. Follow news from reliable sources only: Rumors can cause false volatility. Don't react to every piece of news without verification.
4. Maintain liquidity: Don't put all your capital into the market during uncertainty. Keep part of it in cash.
5. Invest for the long term only if you are confident: Short-term speculation is risky in these conditions. If you're not a professional, consider long-term investment in strong projects only.