Hello friends, I hope you have a nice day...
We talked about pump in my previous article. Moreover, I have given my comments. Let's talk and interpret the rapid decline today. In fact, there is a production that does not like to give encyclopedic information. If information needs to be updated, it is talked about; otherwise, access to information is very easy nowadays. I prefer to interpret the information in my own way rather than transfer it in an encyclopedic way.
Rapid falls, called dumps, can be caused by several different reasons. These decreases can be experienced due to reasons such as profit sales, any negative news or manipulation. This is a situation in which the long-term investor is not very impressed, but bothers the traders. Too many people can stay inside during rapid falls. Such situations can occur in all areas of the market. We may suffer great losses.
Here's what's next is very important. After that, the breaking point or the strengthening point. This is a point that can deeply affect human psychology. Losses are possible in life, if we look at the trade from this point of view, we can easily pick ourselves up and continue on our way, but if we think that this move is an end point, we may miss many opportunities that will come our way.
Now we need to stop and think, are we ready for such a situation?
If we cannot answer this positively, it is necessary to question the correctness of where we should be. I wish you a day full of knowledge and profit, friends...
The original of the article was shared on the KUCOIN S platform...
BREAKING POINT...
https://www.kucoin.com/kucoins/bbs/post/2546
