MANAGING DIPS AND TIPS ON HODLING 💪
This could be one of the most negative market crypto has experienced in th years past, from the massive dip of BTC from $60k to $35k almost all ALT coins have been on the low....
Here are some tips in which STEEMIT users can use as such they could benefit from the dip and avoid potential loses.....
AVOID FOMO
This is one of the issues which crypto traders and HODLERS face during dip periods , the fear of missing out could cause traders to get into risky trades and hence incure losses
AVOID FOMO
HODL TILL REQUIRED TARGET
IF the coins you posses dips Soo badly never sell!! Always HODL cuz crypto is a volatile currency and can pump as well as dip at any time, this never fear a dip and sell due to anticipated losses HODL......
MONITOR THE MARKET
Monitoring the market is very essential for traders , using notification alerts and other forms of monitoring currencies would be very very essential, for advanced traders , setting stop limits and take profits are the best means in which they can monitor their currencies , so from time to time it is always advisable to check your portfolio and keep track of your market ....
These three tips will help guide you through any dip experienced in the crypto market.