We are just ordinary traders. Even the big crypto investors like BlackRock panic and sell crypto at times. Compared to them, we are nothing. Yesterday, apart from BlackRock, many big companies panic-sold their holdings. But while they were selling, BlackRock bought over 6 million BTC.
For those new to crypto and who have never seen a bull run, I would suggest you not to panic but remain patient. Remember one thing: there is no need to fear if your portfolio is down 50% or 70%. The crypto market is a platform where your portfolio can be down 50%, 70%, or even 80% for 1, 2, or 3 years, but it has the potential to recover in 1 or 2/3 months, and can take your portfolio to 2x, 3x, 5x, 10x, or even 20x.
If your coin selection is right and you bought at the right time, stay calm. One of the most important aspects of succeeding in the crypto market is being patient. I’ve suggested many potential coins, and if you have the funds, now is the time to buy.
Don’t put all your funds into a single coin at once. Do part buying: after your first entry, buy again at 15-20% lower for the second entry, and continue this for the third entry, and so on.
Do Your Own Research (DYOR) and don’t forget to follow Dollar Cost Averaging (DCA).
Best of luck!
#Binacesqure
#Cryptocurrency #Investing #CryptoJourney #CryptoTips #CryptoInvesting #PatiencePays
#Crypto market dip
