When the Dip gets Dipper

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Hello Everyone,

Not lot of excitement right now in the crypto market has the prices continue to decline harshly. BTC for example has lost about 32% in the past week falling from $26k to $18k which is quite a lot. It can be quite frustrating seeing your portfolio dwindle in terms of value every day.

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The bear market is a moment to serious reflect on why you started investing in cryptocurrency in the first place. For some it was due to the hype/fomo, while for others it was for the long game and the believe that cryptocurrency will change the world.

For me, investing in crypto was about the latter. That way you don't feel much panic has you believe for the better world to come, it must go through several seasons. Bitcoin for example has crashed several times but at end it recovers and goes on to set new ATH.

When the dip gets deeper, the best thing to do is take advantage with available funds. DCA has been the best strategy for me, for others it is lump buying. Whatever you do, don't invest what you cannot afford to lose.

You want to thrive or make it in this space? You must develop a strong heart and mindset by holding and developing a strategy to maximize the opportunities that the market present. You don't lose when you don't sell.

Thanks for Reading

Posted Using LeoFinance Beta



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