​​#Useful_notes
The fall of the cryptocurrency market: how not to behave?

The cryptocurrency market is a market that is built on emotions. Accordingly, its course is very difficult to predict due to the fact that it does not always reflect some reality. For example, such phenomena are quite common when negative news does not pull the rate down, but rather raise it. What to do when there is a drop in the crypto-currency market and how not to give in to emotions?

THE FALL OF THE CRYPTOCURRENCY MARKET = USERS ' EMOTIONS

To make sure how much the cryptocurrency market depends on the mood of users and their interest in digital currencies, it is enough to simply compare price charts, for example, Bitcoin, and the chart of requests in Google. The first will be an indicator of emotional volatility. The second will display the users ' mood.
It is worth noting that the number of users who are interested in Bitcoin is growing before the price increases. It is logical to assume that it is interest that stimulates growth, not growth – interest.

Hence, to win the market of emotions, you need to learn how to get rid of emotions yourself.

HOW NOT TO BEHAVE DURING THE FALL OF THE STOCK MARKET?

1. To wait for a price bottom. Many crypto traders, peering into the chart of the course, sit and think when the very minimum peak will come, so that I can buy as cheaply as possible. In fact, this tactic is disastrous. Often expectations of the minimum peak lead only to overexposure. You will not have time to look back as the fall will unfold and the course will creep up. It is best to buy starting from profit. For example, you know that buying coins for 5 thousand dollars, you can earn $ 500 each. Better fix this result in stages.

2. Sell your own portfolio to buy new coins. This is a classic situation in trading. With it, traders are simply disappointed in the coins of their own portfolio, completely sell them and buy new ones. In fact, this tactic is also not very good for the result. It is better to partially relocate your portfolio, selling only part of the current coins and buy new ones. Greater coverage will allow you to insure yourself if one of the assets starts to collapse. In this case, others compensate for the loss.

3. Watch the charts all day. Watching the charts of the course is the most terrible part of the trader's work. Any hesitation can lead you to horror. So do not stare at the monitor all day, trying to catch the smallest fluctuations. It is in such cases that irreparable mistakes are made. Second dips or jumps can give false signals. It is necessary to seek out stable trends – it is on them and you can earn. And they usually do not change for several hours or even days.

Remember, the fall of the cryptocurrency market is always temporary. Yes, sometimes it is delayed for months, but eventually growth will always be. So do not give in to emotions. Your main weapon – a sober mind and prudence.