Finance

Bitcoin Cryptocurrency : Should I Sell My Coin Now? (What to know)

the market has been paying and pumping money and we have been enjoying the benefits, the market has been long overdue for a major correction, its necessary and healthy if you want to continue receiving the best the market has to offer.
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Good day Ngnews247 readers. It has been an interesting read so far. The book of lamentations and pure cruise mode so far. But please let us all relax, the market has been paying and pumping money and we have been enjoying the benefits, the market has been long overdue for a major correction, its necessary and healthy if you want to continue receiving the best the market has to offer.

So the next topic is what do we do:

My wallet is is -20%, -50% even -99%, do I sell.

I would advise you do not sell, the only time you loose money is when you sell. As long as you hold tokens with good fundamentals and solid projects, it’s just a matter of patience, the market will recover.

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 What do I do now that there is a dip and I don’t want to sell?

Well, as painful as u think it might sound, buy the dips, dips are a blessing, think of it as the market giving u black Friday sales. Buy as much as u can in installments when there are dips, because when you do, even before the market recovers to the entry prices of your previous holdings, you are already in profit on your dip entries.

It has been said time and time again, in Crypto, u trade what you can afford to loose, don’t use your house rent, school fees, wedding funds, family contributions, work contributions and the likes to trade Crypto. This is because you will put yourself under undue pressure and tension.
If the market is in a dip and you heart can another longer take it, just log out and be catching cruise on IG ND twitter till u start seeing news of pump. Don’t worry, you will know when the market had recovered.

Lastly, please relax and enjoy the whole process.
There is reason it it said that crytocurrency traders are very minded people. U need the liver of a whale to be able to be good at your trade.
Also, let’s stop spreading panic & FUD in the group.

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Alamu Tosin

The writer is Alamu Tosin. I have three strong passions in life — football, blogging and movies — in that order. I love spending time with friends talking about the important things in life and hate nothing more than ‘authority’ and hypocrisy. My personal believe in life is that once an individual sets his/her mind to achieve something, it is totally possible. And oh!, I am a strong Lannister, because I always pay my debt. For writing or fixing gigs, contact tosinalamu@gmail.com.

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