Market crash !!!, don't be panicked

The crypto market is volatile, and each person came to the world of cryptocurrency knowing the truth. If anyone thinks that they can generate money quickly by doing continuous trading, s/he is nothing more than a fool. Statistics say that only a few percent of people can make money from cryptocurrency trades, where most people suffer losses. So, based on that, the majority of people suffer loss, and that makes people afraid, but in this digital world, avoiding cryptocurrency is not good either. If you want to make a profit in crypto, then you must be smart.

This morning, after waking up, I noticed that the $BTC price came down a little, but Altcoin started to bleed. Honesty, I didn't expect to see that after waking up, but it's the reality, and in such a situation, getting emotional is natural. Making trading decisions based on emotion is mostly the wrong decision that can maximize the loss.

It's not advisable to invest those assets in cryptocurrency trade if you can't afford to lose them because anything can happen and any time you lose your asset, in such a situation it may create disturbance in your life. Today I am going to share my little knowledge because I think it may save you from making wrong decisions.

Bitcoin is bullish, and it crossed 70k, but this time the bull run is quite different. Compared to BTC, the Altcoin price didn't increase. In fact, I want to say most of the altcoins are still in the bearish zone. And each time the BTC price drops makes a significant drop in Altcoin, and it's happening again and again in this bull cycle. So it's quite natural that all coin holders didn't make a huge profit unless they were short-time traders.

I know you may be sad to see the red market, but don't make any foolish decision at such a time because you will regret it. At such a time most traders start to panic, and they fear that the price may go down more. So in panic, they start to sell, and that results in the market crash. Keep one thing in mind if the market crashes down, it will recover for sure, and never sell your crypto in a panic situation because the market tries to recover after that, and those people who sell their crypto in a panic situation suffer the maximum loss. I can recommend selling any crypto if there is some kind of negative news about a specific crypto.

If you are holding any cryptocurrency for the long term, then you should not worry too much about those if those cryptos are good ones. You can hold them strongly, but considering the current pattern, I think you should do a short-term trade. At the current time, most of the altcoins are behaving similarly. If BTC becomes stable, some altcoins start to pump 40–80%, and within 2–3 days it's coming back to the base price from where it started to pump. I think you can generate a good profit by using just strategy again and again. If you don't believe it, then you can check the pattern in the last few months of altcoin.

By the way, don't touch your long-term holding just for not getting enough profit because Altcoin is still yet to come, and I believe within a few months we can see the bullish waves in Altcoin. So don't panic, and don't make any wrong decisions judging by the emotions. Be positive, stay positive, and the market will be positive also, but you need to wait patiently for it. Remember that without patience, you can't be a successful one in the world of crypto. I hope you are smart enough and know what to do now.