Hello Hive.

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It is yet another day of watching the market and waiting to see the turn out of events and which one volatility will face.

The only advises that you come across these days is how to hodl, hold unto your dear token and avoid loss.

If the bears lasted upto 4years can you still keep holding?
Surely there should be an escape route.

Another advise I have seen around is the reason why you need to buy this recent dip, while buying, do you have an accurate timing of when this bear will be over or if the token you have bought will yield anything once the bears are over.

There are just so many suntopics to sit and digest before making any decisions in crypto bear or in this crypto market generally.

Does it matter if you sell your BTC at 17k?
This can be terribly weird.

In the quest to grow your stakes, avoid every wrong step that can take you further into dept.

Fiances and peace of mind must Work hand in hand, if you don't have money, ensure you have peace of mind because we don't want to have another beautiful insane lady soliloquizing in the street at this season.

Well I have had some talk about the mental health of an investor in this season.

While waiting to get a 10x gain, it is most gainful to avoid depth such that you won't have to use your 10x gain to pay depth worth 20x especially when you take a crypto loan to invest.

The best time to avoid cryoto loan is in a bear market.
You don't borrow to invest, I guess its better to wait for a future opportunity.

If you don't have fiat or stable coin to buy the dip, hold your peace and wait for better opportunity in the future, you can't take a loan from the bank to buy the dip, one can end up in deep shit if the bears lingers for long and the 25% interest from your bank keeps growing.

By the time the bears are gone you must have sung deeply in dept.

Proper management of finances is required in this time and if you must have a strict budget to survive it then so be it.

If you want to last long in crypto space, avoid debt.
This is jot a normal business you can take bank loans, invest in and expect returns.

Posted Using LeoFinance ^Beta