10 Mistakes to Avoid When Cryptocurrency Price Drops
Cryptocurrencies are highly volatile, which makes them both interesting and confusing, especially when their prices drop suddenly. Rushing to make decisions can lead to significant losses. So, here are ten common mistakes to avoid:
1. Panic and random selling
When the price of a cryptocurrency drops, some people rush to sell for fear of losing everything. This decision is often wrong, because the price drop may be an opportunity to buy, not sell.
The most important thing is to keep them in your account and buy the cheapest popular currencies that have dropped recently. Buy with a small amount because you will lose if you waste it and you do not know how you lost it.