Crypto is volatile and prices going down on a slump or going up is normal. But what are the things that we should remember when prices suddenly goes down?
A red chart means bad news for investors, even I hate red charts.
What are the things that we should remember when bitcoin price is going down?
First thing that you should remember is "do not predict the exact bottom" you'll never know when a coin will stop going down, you won't even be able to predict it - so stop predicting it. You might start buying the dip way earlier than the actual dip also, do not go and panic sell! you'll regret it the most when the price suddenly shoots up. Just buy some bitcoin at some point when its price is down.
Do not exchange your coins into some coins that grow
Last is, do not follow schedule all day and night. Crypto is so volatile that you can't even predict it. Make sure that you are flexible enough to adapt to unpredictable things that may happen
