The Importance of Staying Informed in the Crypto Space
To survive in the crypto market, you should keep an eye on every news update. A successful investor or trader is someone who keeps an eye on every crypto news and takes action beforehand.
This is the biggest problem of crypto users that they don't know the basics of crypto and nor do they have the habit of reading news. Such investors always cry that they incur losses in the crypto market and curse this financial market.
Remember, until you acquire knowledge about crypto, don't understand technical and fundamental analysis, and aren't aware of current affairs, you won't be successful in crypto.
That's why these are some conditions if you want to survive in the crypto market. If you want to gamble, you can join a casino because this market requires a lot of knowledge, and gambling isn't tolerated here.
As we all know, USDT is being delisted by December 30th in EU countries. This is a clear message for the market, which isn't good news. This news will likely have a bad impact on the market.
However, one thing is clear that the impact of this news won't be severe. The reason is that USDT is only being delisted in the EU and will remain listed and active in all other countries.
As far as I understand, the market may drop by 3-5%, although this is also a significant crash, and altcoins may drop badly. In my opinion, selling 50% of your holdings would be wise because this news is entirely bad and will impact the market.
What do you think about this news? How much percentage do you think the market will dip, or will there be no impact on the market? I'd love to see your comments.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
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Best Wishes.