Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Crypto Crash? Your Next Action Explained by Crypto YouTuber

Published 05/23/2021, 04:40 AM
Updated 05/23/2021, 05:00 AM
Crypto Crash? Your Next Action Explained by Crypto YouTuber

  • Nathan Sloan, Crypto Youtuber, shared the steps he follows during a market crash.
  • He checks the market stage, reasons, does a price chart analysis, and cross-checks.
  • At this time, investors are looking to crypto experts for help.

May’s crypto market crash has really brought traders to their knees, with the entire market falling by close to 50% in recent days. What’s an investor got to do to make it through this time?

YouTuber Nathan Sloan, the founder of Investing Made Simple, has got some ideas. In a recent video, he offered to share with the community what he likes to do during a market crash.

The video, titled “Crypto Crash – Do THIS now!” looks at how Sloan, a seasoned worker in the financial services sector, deals with a crypto market crash. After providing the necessary disclaimers, he jumps into his ‘crash checklist’.

This list includes checking 4 major signals for traders to research before making a decision regarding their cry...

This article was first published on coinquora.com

Continue reading on CoinQuora

Latest comments

By a youtuber, that should be your q to sell
I am beginning to see a trend in crypto it is controlled by a bunch of greedy unethical, morally corrupt people. who manipulate the market, How else can you explain this sudden panic selling off.
Bitcoin is the most inefficient form of cryptocurrencies in terms of Energy, Speed, Transaction fee, Smart contracts, etc. It is also easily manipulated by Crypto Exchanges (Tether) and Whales, yet bitcoin buyers believe it is Decentralized.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.