While it is true that no one is a fortune teller, the investor has no choice but to invest with an expectation. From analyzes and appraisals, assumptions arise. And, then, from the assumptions, the purchases or the sales arise. The optimist thinks that the price of his favorite asset will rise in the future. And the pessimist thinks exactly the opposite. The strategist instead prepares for both scenarios. What if the price goes down? What happens if the price goes up? What you want is to grow financially with the greatest possible stability.
In my opinion when we talk about cryptocurrencies it is not known what can happen, it is really uncertain that prices fluctuate day by day, since in addition to being very high one day it can be very low, it should be noted that there may be crypto assets that people tend to follow , which have a lot of movement in the market (this almost always remains at a resistance) but in the same way these markets remain in a very inconstant ups and downs.
From my point of view there are two types of investors, the first is here that when they realize that the cryptocurrency is in a bearish state, they feel fear and prefer to sell their investment completely, this either generates little profit than expected or at worst the cases lose what was invested, and the second is the visionary who, when the cryptocurrency is in a bearish state, buys and waits for a bullish state to sell at a high price and obtain very good profits…. In my case it would be the second since I consider myself a winner and as they say "he who does not risk does not win".
A few days ago I talked about this a bit but I didn't go into depth as such and I wanted to see what you guys thought. What would you do in uncertain times?
Information extracted from: https://es.cointelegraph.com/news/how-to-redesign-our-portfolio-in-uncertain-times Just hold. After all, the market will always recover so there's no need to end up in panic selling. And besides, the market is always unpredictable as it seems. The bullish market will not always as it is, there will always a bear market expected after a bull run. So learn to adopt the changes in the market and ride with it, that way you will never be in a huge loss. And always be patient and stay being optimistic, that is a smart investor should be.