Hey, crypto enthusiasts! 👋 Ever wondered why your portfolio sometimes shoots to the moon and other times plummets into the abyss? Spoiler alert: it's all about the news! 😱
🎢 The crypto market rollercoaster:
~Elon Musk sneezed? Dogecoin +20% 🚀
~Regulators frowned? Bitcoin -15% 📉
~China banned crypto for the 100th time? The whole market panics! 😰
🧠 Why does this happen?
~Cryptocurrencies are young and impressionable 👶
~No central banks to smooth out fluctuations 🏦❌
~Traders react faster than they think 🏃♂️💨
💡 Survival hack:
~Don't succumb to FUD and FOMO
~Check your news sources
~Think long-term
🤔 How do you cope with crypto volatility? Share in the comments! 👇
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