Don’t panic sell is rule number one.
Never make brash trading decisions otherwise you will regret it.
Like any storm you have to sit it out and wait.
Learn to use it to your advantage.
Sure some people sell and buy back in on a low and improve their position however this takes experience, some luck and a keen eye for data.
Timing is everything.
Today we saw a massive pull back on the market for numerous major alt-coins whilst ETH and Bitcoin surged forward with BTC up over $2600US and it is still climbing on its way to $4000US.
I can feel a correction coming soon or at least a plateau and we will see the money come back into the Alt-Coins with vengeance.
When will this happen?
Maybe as soon as the weekend or in the next 10 days or so.
That is just how it works.
Everything is on a cycle and there are always ups and downs.
I bought in on the low today and if it keeps dropping I will buy more of my favourite coins until the market swings back to the positive.
Stack and hold is the best policy and never give away your token position which is easy to do if you allow emotions to dictate decisions.
Success is built on this stuff.
Follow Sebastian – @sebastianjago
Have a great day!
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