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It’s a carnage out there. These are the times when you walk away from the constant market updates, breathe deeply and look at the bigger picture. Holding Bitcoin is hard, the downturns and crashes can be soul crushing. But this is also the time to buy Bitcoin and Ethereum (or altcoins, if you like) at a discount. Don’t go all in though, keep investing a little. Last time around I invested a big chunk in what I thought was the dip and it kept dipping. Around this time, if it goes under $29K I am all in. But this is not the approach for everyone, please do not invest more than what you’re willing to lose. (Disclaimer: Not financial advice, please please DYOR)
As crypto is moving mainstream, its correlation with the stock market is increasing, especially with the tech stocks. This crypto crash isn’t happening in a vacuum. And the stock markets are witnessing their worst week since the beginning of the pandemic.
With the endless optimism of a Hodler, I believe we will survive this together. Crypto isn’t going away.
