Whole market is RED, it dumped with great force. As it goes against the expectations of bullish trend. Top 🔝 coins including $BTC $ETH $XRP are down.
Now, what a trader should do in bear market. Should they give up, sell in loss, and wait for next movement?
The answer is "NO". Never ever sell at loss. Hold tight what you bought. Don't let the bears fool you. Patience is real king.
It is said that in crypto, 10% is buying, 10% is selling and 80% is holding. Now in the current market, holding with patience is everything. I would say that leave the market what it does. If you let your money drowning now, you will only focus on recovery. You won't be able to earn.
How can it be recovered?
Well, it will, it must. You traded, you waited and now in fear you're selling. Why? In fear of losing more? Let suppose you wait an year or two for what you invested. You will get more than that.
So the conclusion is, that in fear of loss, never sell your hard earned money. Don't let whales to take your money. Hold with patience, wait till the right movement and get profit.✅
Good luck 🤞
