What is the best behavior to adopt during a drop in the price of cryptocurrencies ?
In principle, we sell at a lower price. But there are other factors that can cause us to always own the assets.
It all depends on your expectations, your gain after the decline (is it positive or negative), your ability to bear the loss, other available investment opportunities that may be less promising than your cryptocurrencies .. Etc.
Bitcoin is based on cryptography, mathematical algorithms.
If you do a minimum of research on the blockchain, the pyramid scheme question will become obsolete.
The choice is yours, trust a centralized entity or a mathematical algorithm.
Personally I believe more in mathematical proof rather than the human being having to manage your money.
In principle, we sell at a lower price. But there are other factors that can cause us to always own the assets.
It all depends on your expectations, your gain after the decline (is it positive or negative), your ability to bear the loss, other available investment opportunities that may be less promising than your cryptocurrencies .. Etc.
Bitcoin is based on cryptography, mathematical algorithms.
If you do a minimum of research on the blockchain, the pyramid scheme question will become obsolete.
The choice is yours, trust a centralized entity or a mathematical algorithm.
Personally I believe more in mathematical proof rather than the human being having to manage your money.
