Times like these are tough on the psychological makesup of people.
In this video I discuss how time frame is crucial for risk reduction. Having the proper perspective for one's risk tollerance and goals is crucial.
▶️ 3Speak
Market Crashes: What To Do
yesterday in LeoFinance by taskmaster4450 (85)
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I was checking greed and fear index in coin market cap website and I noticed that there is big reduction on the fear because until last week it was more than 80 but now it is summer around 65. My understanding is that when there is less fear it means people are not buying much because possibly they are waiting for even better prices a maybe some thing else they have in the mind which is the situation in the Crypto market currently.
So when market crash happens, try to buy coins that are good with fundamental
That tends to happen on big selloffs. The risk level in the minds of investors is reduced with lower prices. Of course, much of the fear is from those who believe a crash is upcoming.
The greed comes from the "buy the dip" people.
Eventually the market determines who is right.
when the market is down there are the best buying opportunities. I am thinking of abandoning the idea of making accumulation plans and buying only on market crashes
Adding to long term positions on pullbacks is a sound investing strategy.
Thanks for your suggestion. I always have weak hands. I lost a lot in the stock market and in cryptocurrency. Now I adopt position trading based on my tested indicators. I bought stocks and forget about them. I will just be alerted my TP is hit. Redeemed what I lost and gained some. !BBH !LOLZ !PIZZA
lolztoken.com
She still thinks it's going to be a fishpond.
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$LOLZ on behalf of day1001
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I would love to watch this video but i find it hard to play it with the ecency dapp, how else can i get this video please?
It should be on 3speak and InLeo.
It's always great to watch your videos at a time like this. It helps me stay positive.
Also, I tried to check the market price less frequently at a time like this to keep negativity out of my mind.
It's nice to finally see some green candles this morning after long days of bloodbath.
$PIZZA slices delivered:
(4/10) @day1001 tipped @taskmaster4450
@day1001 likes your content! so I just sent 1 BBH(4/20)@taskmaster4450! to your account on behalf of @day1001.
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