#MarketCorrectionBuyOrHODL
Well, first of all DO NOT PANIC SELL, after that being said I think that #BuytheDips #DCAStrategy or HODLing like a martyr are also good options during this kind of situation.
On the first place I’d like to address the kind of trading you are doing:
In the case of scalping I don’t see a problem because the TF are not that big as to having to worry about a market dump like the one we witnessed some hours ago.
If you are a swinger or day trader I’d be more concerned about your risk/reward ratio and your setting of SL and TP orders and your fundamental analysis as well as your technical one.
If you are an investor, I’d be more curious about knowing if you’ve at least read the white paper or know about the project you decided to invest in.
Remember there is also staking and lending for long term holders so you can get the most out of your investment and get some nice interest while watching your money grow even more.
In some other cases, like $BNB for example, I bought some more for the last launchpool and decided to hold it at least until it reaches a better price.
With the dip that happened today with FED’s announcement I decided to use another powerful strategy: #DualInvestment
I decided to use it because it pays better interest than flexible savings and the prices for selling high are now farther than yesterday, making it a great bet and still keeping my purchase and wait for a better price out.
Hope you find my thoughts helpful to open your mind to new earnings scenarios.