The entire market and world economy just can’t run away from the current state that we are living in – in the state of a worldwide pandemic that is affecting all world economies and it triggered a panic state for institutional investors and that heavily reflects towards the everyday retail investors that are starting to make panic driven decision making – which pulls the market down.
Now if you are in a state of fear, the best thing you can do is to take a step back. There is absolutely no place for panic decisions, especially cutting losses with a holding that you have great trust in.
This is a crucial part of the game, and we barely talk open about this as we usually tend to forget about this feeling and state during bullish cycles in the market, well all until reality comes knocking hard.
Some of you might see this as a perfect opportunity for purchasing new tokens, but in general, you have to take in account that you might experience great fluctuations in the short-term and you have to make sure that you can financially afford these kind of decisions.
The best thing you as a investor can do right now is to patiently wait until this storm passes through, and take this as a great investment lesson that will prepare you for future bear market conditions.
True success and profit making requires strong stability during these times as patience and calmness will give you great rewards in the long run.
Stay strong and don’t be look at that “Selling for a loss” button.