Warning! Volatility Ahead
In times of extreme volatility, the best strategy may be patience. If you are facing your first cycle in the market, feeling anxious to buy more or worried about temporary losses, the best course of action is to avoid impulsive transactions.
Selling? No way. The crypto market is cyclical, and selling in a panic can mean realizing unnecessary losses. If the asset you invested in has solid fundamentals, staying calm and avoiding rash moves may be the best decision in the long run.
Thus, now is not the time to sell! If you are going to buy, do it via D.C.A, with staggered purchases, reducing the risks of volatility and aiming for a better average price.
Therefore, don’t play the trader. If you don’t master the market and don’t have a clear strategy, inertia can be more profitable than impulsive reaction.
