That is what good cryptocurrency traders do
I just lately offered XRP and another altcoins. You could be pondering, that’s loopy. Why would he do this since we’re nonetheless in the course of a bull run?
This wasn’t my plan, however I needed to make some strikes for monetary causes.
Sure, I wished to revenue on the bull run, however I had a problem.
I had to purchase new tires for my automotive, and so they weren’t low cost.
On the similar time, Donald Trump introduced he was beginning the tariffs on China, Mexico, and Canada. Final month, he mentioned he would delay it, and a few thought he may change his thoughts and drop it utterly.
Nicely, that didn’t occur.
This prompted the cryptocurrency market to drop. Nearly all cryptocurrency costs dropped. Some cryptos reached new lows not seen since final yr.
Once I checked out my account, I noticed I used to be underwater on just a few cryptocurrencies.
Underwater — this implies the worth of the cryptos was decrease than my buy value.
For me, this was the right time to enlarge trades and reap the rewards.
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