Crypto currency is less reliable than traditional instruments, therefore, collapses in this market occur more often. How to behave correctly in this situation, and even earn a drop in the market of Crypto-currency?
The main question that does not give rest to any owner of the crypto currency is to hold or sell. The decision, in any case, will be individual. Experts recommend waiting, if:
- your crypto currency has value and is supported by developers;
- we are talking about megapopular crypto currency;
- The reason for the fall of the course is not obvious, it is incomprehensible.
You can sell the crypto currency when the market falls, if you see that there is no growth prospect or if its value is higher than the price of the investor.
Is it possible to earn on the fall of the market crypto currency?
Yes, if you know the specifics of the market well and are not new in this field. You can not earn only on an even line of the schedule. Remember that any fluctuations can play in your favor. We show how this is done, using the example of BTC.
- Sell 2 bitcoins at $ 14,000;
- Buy for $ 11,000;
- Have 2.5 BTC.
Although this method of earning on the fall of the market does not generate "live" money, but you will have more bitcoins.
The second way to increase the capital is to purchase the crypto currency for dollars or rubles. The main thing is to keep track of sharp crashes and immediately make a purchase. Almost always after sharp fluctuations, a rollback follows, after which the crypto currency must be sold again. Your task is to play on several fades.
What you need to know in order to earn on the fall of the market Crypto-currency
In order not to go to zero, you must initially choose a strong team with which you can survive difficult times, and a stable crypto currency with a reliable business model.
Further. In order not only to survive the fall in the market of the Crypto-currency, but also to make money on it, one must be able to hold on to their positions no matter what. For this purpose, portfolios with different crypto-currencies are set up, in the strength of which one can be sure.
A number of experts advise exchanging the crypto currency for real money in case of a market collapse. In practice, the implementation of this idea is not as simple as it seems. The most difficult thing is to get out in time and back in time.
Those traders who have financial literacy and experience with crypto-currencies do not view the market fall as an apocalypse (especially since such situations are inevitable). The main thing is to react correctly, and not panic. Remember that most news about the fall of the market is nothing more than a fake launched by rivals.