Do not Sell your Ethereum and BTC !! Buy more instead, It is the time to shop not to sell.
Guys.. do not panic, Eth and BTC prices are going down, but if you see closely the price of BTC goes down more as compared to the Eth if we check the ratio.
Some big group of people are manipulating the market to make hug money. They are pumping an dumping hugely.
Eth price slash at the moment is because of someone who sold his millions of dollars worth Ethereums in the market. Market depends on 2 coins, BTC and Eth, and if they are going down, you will see whole market is bleeding. it is not the time to panic it is the time to hold and buy more. I lost a lot because of this fear in the beginning and now when I see the market is bleeding I literally drool because it is not the time to sell, it is the time to shop.
Always Follow some rules
- Do not do margin trading.
- Do not sell your BTC and Eth
- Do not panic sell.
- Always buy on the dips
- Do some research on your coins you wanna invest in
- Do not invest everything in one coin
Last but most important one - Do not invest what you can't afford to lose.
Good luck Guys.
It is sad that so many newcoemrs lose money with the panic, the best option is always to invest and hold good long term projects. There is almsot no way you can lose money if you never sell in these red days.
Absolutely, You can never lose money if you invest and hold. It has more than 100% success rate.
Very good blog. Thanks for bringing this to our attention. The decision to buy a coin should be based on real analysis of the coin. I found that people keep buying coins without have any knowledge of them. This is considered high risk. Besides coinmarketcap.com there is: https://www.coincheckup.com The site is my go to place for crypto investment analaysis and indepth coin research. Go to: https://www.coincheckup.com/coins/Ethereum#analysis For a complete Ethereum Report.