It is no secret that the recent volatility in the market has been extreme with Bitcoin and Ethereum prices in freefall. Market participants are suffering losses but also given the opportunity to invest at lower prices to gain if the market pulls up.
Cryptocurrency investor Brian Kelly, states on CCN “Referring back to the basic rule of investing, Kelly noted that during a period in which the market is extremely bullish and optimistic, it is better to sell and eye a timely opportunity to enter and when the market is overly pessimistic, it is wise to look for a position to enter.”
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