Topic: ***Edited*** - page 7. (Read 589 times)
I don't think there is a way we can do that do to the decentralisation nature of crypto, you can only protect yourselve by investing only what you can afford to lose.
We cannot protect ourselves unless we know when exactly the correction will start and when will end. I don't think that this is possible, so just accept that dips are part of the game and don't think about it.
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How can we protect ourselves from a crypto crash?
Crypto crash, it is always been happening. It is just normal for us. The best thing to do is just to wait for the price of the crypto coins to be higher again. To wait, means to hold your coins and sell them at its peak.
Best way is to HODL. Crypto is not just gonna extinct. As long as there is demand and supply, the market will live. So, you can buy more coin when price is at bottom or you can hold your coins for future to survive market crash.
Though I don't believe in a total crypto crash. I already protected myself from any kind of market crash. I withdrew to fiat all that I invested and even more. So all my crypto assets now are just "free" and I also use to fix my profit monthly.
How can we protect ourselves from a crypto crash?
You can't do anything about the price fall unless you are a whale,do you?I suggest you to hold your coins in long term which can save you from the temporary fluctuations which are the main reason for many newbie investors to loss their amount.Never afraid by seeing price fall of crypto currencies because this is not the first time this is happening and never invest more than you can afford to lose.
I think crash or not a cryptocurrency, very underlying by the system applied by the cryptocurrency company, be it the application of good price in exchange, as well as token price escort from panic sale.
Crypto crash has always been an issue to cryptocurrency market. There has always beeen flactuations. The only solution to this is to wait till the price rise up and also invest more in long term investments.
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