Crypto winter is not for everybody
Well yeah i said it , crypto winter is not for everybody and it can destroy a person if they do not have what it takes to survive the winter..
What can we consider as a crypto winter??
Well we can define a crypto winter as the moment when the crypto market seems to be a depressing mode(very bearish market) and it seems the market keeps getting dipper and dipper and everywhere is getting so very cold..
In other words it can be defined as the unpredictable and challenging times on the market...
What should you do when there is a crypto winter ?? Well it depends on you and your trading skills and knowledge towards the crypto market but generally if you know you are not that very skillful and experienced in crypto trading then it is advisable for you to leave the market at that moment and come back when the storm is over or at least when the storm is calm..
Forcing yourself to trade on the market during a crypto winter might make you to even keep loosing instead of gaining..
If you are a professional and experienced trader and you believe you can survive the crypto winter , then go ahead and stay on the market but make sure you use good money management and risk management so that your funds can still be safe from a very serious havoc.
But generally I will advice anyone to be very careful when trading during the crypto winter , it is really very cold there and you need all the sweaters and boots and stockings and gloves to survive it , if you do not have all of it then you might need to back off and wait for the atmosphere to become conducive again..goodluck..
Posted Using LeoFinance Beta