Hello Everyone,
Interesting few days it has been in the crypto market has prices takes a turn downwards with BTC, Ethereum and the rest of other tokens taking a beating. While it may not appear good seeing your portfolio go down, it's how we react now that determine what we make out of it.
While the bear season lingers, it is best to act wisely by accumulating or buying the dip as it is always the best thing to do. If you don't having available funds, sit it out. The market always recover no matter how long it might take.
Overtime I have come to learn is that people who are too emotional and always act under pressure suffers much. Holders and wise traders enjoys much. The dip reveals project that could stand the test of time. We must be rational and not emotional if we desire the best outcome.
One advice to give is whatever coin you have, hold it. Don't sell under pressure. You lose when you sell your coins below the price you bought them but, you lose nothing when you hold.
The dollar cost averaging is one strategy that could prove very useful when making the most the bearish season. It is one many smart trader uses. You may want to consider it when accumulating in the Dip.
Thanks for Reading
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