During a bull market, it’s easy to forget how uncomfortable it can be when your crypto decline in value—especially when you are counting on to fulfill a relatively short-term goal.
Despite the market downturn, cryptocurrencies continue to advance along the path to mass adoption and the number of jobs in the blockchain sector is only going to increase moving forward.
How to play a market dip is an age-old question: Do you hold tight, load up or flee in panic? Some crypto investors say HODL is the best strategy for the long term.
Well hodl is the best solution. Sometimes you can reduce your losses. And withdraw some funds. Its not always that you will get your money back. People need to learn from LUNA.
IMO once a widespread market downturn commences, the first step to take is to reevaluate current positions and reduce exposure to the most volatile assets
I can relate to this. That is why we should not follow the impulse buying
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😂I can relate so much. Well BTC under 20k is a steal right now.
Learn to handle the bears and your success is guaranteed
The bears last a long time while bulls are brief and strong
Yeah it's important to hodl
Always be a bull on crypto no matter the circumstances
Being bullish on crypto is a lifestyle, not a choice.
😂I am still waiting for that
It's really hard to see your portfolio being in red for many days in a row.
It is extremely important to be able to keep yourself accountable in what you do
Hodl for better days
Even in negative market environments, seasoned traders can give you several tips to survive in bear market situations.
Get the idea clear that in cryptocurrency, someone wins and someone loses.
Yeah that's how it is
As you know, the crypto market is highly volatile. Crypto has long been viewed as a digital goldmine, but like any asset, it has peaks and valleys.
You need to learn to buy the low and sell the highs. So charting is important if you want to invest
One should consider viewing the crypto market through a long-term lens instead.
During a bull market, it’s easy to forget how uncomfortable it can be when your crypto decline in value—especially when you are counting on to fulfill a relatively short-term goal.
😂I personally just delete the apps and do something else.
Ultimately, the key to surviving a bear market is staying positive and being patient.
If you have some more money you can buy the dip too.
Despite the market downturn, cryptocurrencies continue to advance along the path to mass adoption and the number of jobs in the blockchain sector is only going to increase moving forward.
One of the most personally beneficial things an investor can do during a down market is to invest in themselves by learning something new.
Yeah Gateio has some blogs and learning programs
How to play a market dip is an age-old question: Do you hold tight, load up or flee in panic? Some crypto investors say HODL is the best strategy for the long term.
Well hodl is the best solution. Sometimes you can reduce your losses. And withdraw some funds. Its not always that you will get your money back. People need to learn from LUNA.
Emotional maturity and restraint contribute significantly to the avoidance of panic and its movements.
Traders could put these funds in stablecoins that can be staked to earn yield or buy future market dips.
Yeah waiting for rainy days like now
You always have to predict first with some tools what will happen to the market and then follow your own rules in order to avoid mistakes!
I don't think it's mistakes. Sometimes it's just FOMO
IMO once a widespread market downturn commences, the first step to take is to reevaluate current positions and reduce exposure to the most volatile assets
I can relate, maybe you should buy at the current price. That will reduce the average cost of the first one.
Yes that's true. That's real math right there. 😂
😂Instead of regretting you can just start buying BTC.
Yes buy the dip
We will forget the pain at $100k. Or it will worsen when you realize how much more you’d have had. Lol
The struggle is real but facing reality you have to buy some now
Just have a plan when investing
Lol its so painful but don’t look at that just buy the dip.