That is what sensible cryptocurrency traders do
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I lately offered XRP and another altcoins. You could be pondering, that’s loopy. Why would he do this since we’re nonetheless in the midst 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 automobile, they usually 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 would possibly change his thoughts and drop it fully.
Effectively, that didn’t occur.
This brought on the cryptocurrency market to drop. Nearly all cryptocurrency costs dropped. Some cryptos reached new lows not seen since final yr.
After 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 worth.
