Panic as the main enemy: how to cope with price fluctuations in cryptocurrency
The cryptocurrency market is known for its volatility. Some see this as endless opportunities, while others see it as a source of stress and losses. Prices can skyrocket in a matter of hours, but just as quickly crash, and in such moments, panic becomes the enemy of the trader or investor. However, the secret to success lies not in the absence of market fluctuations, but in how you respond to them. Discipline and sound risk management are your best allies in this chaotic world. That’s why panicking during price fluctuations is not the best strategy, and how to avoid this.