falling knife

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Fytrop
UNATCO
Posts: 160
Joined: Mon Jan 02, 2023 2:23 pm
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falling knife

Post by Fytrop »

In the crypto market, when one of the cryptocurrencies drops sharply in price, this is called a falling pressure. There is even such a term. It applies not only to cryptocurrencies, but also to all values that fall sharply in price. Some traders seek to buy assets at a low price, in the hope that the value will start to rise again soon. This is quite a risky strategy as there is no guarantee that the price will bounce back. I read a lot about falling knife https://minery.io/glossary/falling-knife/ . I recommend learning more about this topic.
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