#MarketTurbulence 🔥😞 What is happening in the market and how to survive🔥😞
In recent days, the cryptocurrency market has resembled an American roller coaster: a rapid rise followed by a sharp fall. Many are in panic right now, but experienced investors know that this is neither the first nor the last such phase. So what should you do in these moments?
1. Don't panic!
The first and most important rule is to not give in to emotions. Sharp sell-offs during the day can lead to significant losses. Think about your long-term goals rather than short-term fluctuations. The market is volatile, and that's normal.
2. Take a break
If you're feeling lost, just step away from the screen. Give yourself time to catch your breath. Constantly watching the charts only increases stress and can lead to hasty decisions.
3. Don't invest more than you are willing to lose
This rule is "golden" for any investor. If you have invested money that you cannot afford to lose, every dip will be a tragedy for you. Invest responsibly, and then the turbulence won't seem so scary.
4. Research and learn
Market turbulence is the perfect time to refresh your knowledge. Learn about the projects that interest you.$ALGO