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Not regretting buying early even buying more when it's dumping. BTC price just dropped down to $83k and Altcoins showing it's true color. Overnight my asset value reduced $15 dollars and that's not something new and shocking. Bought a share of hive and steem and now they are dumping more. Yesterday bought when steem price was dump for a time. Had a chance of making $1 profit in just 3-4 hours but there I decide to hold and that was not a right decision as I could buy again when price is dumping.
No problem, bought more to continue trading, if a brutal dump happen for steem and hive then it can cause holding for long time. One smart thing did this time and that is about holding stable coin that can help contributing on personal finance and also can help continue crypto trading for longer. Aim not to hold for longer but depends on Crypto market weather and coin's price. Expecting to see green candles once again soon. This time bought in a moderation and that's the source of satisfaction even when asset value reducing.
What if bitcoin price drop below $80k? This question in my mind never allow me to hold longer. I would sell again soon even it would be for a dollar of profit. Selling orders set but that's changeable as I constantly checking crypto price updates and take decision of trading accordingly. A big gain only can happen for the asset I aim and afford to hold longer and that's saved in earn section of wallet. I can redeem that asset anytime when coin will pump like a surprise. Observing and trying to take advantage of crypto dump and pump as much possible.
Selling crypto in 24 hours not happened even bought more crypto when it's dumping. If this dump continue longer then a pause should be taken from crypto trading and will keep eyes open to observe market for next trading. Holding stable coin was a right decision as crypto price dump isn't something rare. Asset amount could be small but trying to grow them gradually because overnight growth isn't possible and doesn't last long too. Will keep updating my crypto trading status, stay tuned if you're interested to know.
Thanks For Sticking Around!!
