I`m sure that if your smart enough to be reading this, you most likely have money invested in cryptocurrency in some form or another.
Cryptocurrency has been getting dumped and people may feel that this is a good time sell in order to avoid further losses.
BUY LOW SELL HIGH. If youre not in profit dont even think of selling as an option.
If you are having trouble with this concept try and do other things to get your mind off of trading & selling.
The people who make the most money make the tough decisions. That is when everybody is selling off they buy. When everyone is buying and pumping they sell.
In basic terms doing the opposite of what seems like a good idea is often the correct move in hindsight.
Losing money sucks plain and simple. With investing as much as you would like to think you could have been smarter and controlled your fate, it is basically out of your control.
So dont beat yourself up over losses and make yourself feel bad; this will only compound your problems. Instead remember that you are very smart for investing in this financial revolution to come and we will all make tons of money provided we dont do anything crazy, like sell at a loss.
I`ll sign off with a Warren Buffet quote, the greatest investor of all time.
1st rule of investing: Don`t lose money.
2nd rule of investing: Never forget rule #1
I LOVE YOU ALL