Bitcoin crashes in the past
Similarly when Bitcoin is at all time bitcoin crashes in the past, be aware of FOMO fear of missing out - we explain this in the next point. Consider these in advance, maybe list all the reasons you shouldn't sell in this scenario - so when it happens you have something to fall to. Tips while Bitcoin's price is low If you've invested lots of money in Bitcoin and it's price has dropped, the situation can appear to be pretty bleak; but being aware of a few things can avoid regrets later on:
This can cause big problems where you're not really sure how many coins you own and what their value is in fiat. You can also set up stop losses between bitcoin crashes in the past and Bitcoin. Just from our perspective, even after experiencing several Bitcoin crashes, the emotions are still there; the urge to sell is very strong, each day we have to list the reasons to not panic sell.
Was it because everyone online told you to? Never invest money you can't afford to lose. Work out how much you can afford to lose and never go above that amount. Consider why you bought it in the first place. If you're reading this too late and you've already suffered massive losses, see bitcoin crashes in the past thread.
Consider why you bought it in the first place. As the amount of money you invest in Bitcoin goes up, emotions will start to take effect. Two things to note here:
This guide will go through things to do before and during what people refer to as Bitcoin price 'crashes'. But no one seemed to know what it was! All information on this website is for bitcoin crashes in the past informational purposes only, it is not intended to provide legal or financial advice. Work out how much you can afford to lose and never go above that amount.