Vlog 210: Sticking to my plan: Buying crypto with Fiat in the downtrend.

exyle(79)
Published in
#life
Words
222
Reading
1 min
Listen
Play
9y


It's one thing to make a plan, it's another thing to stick with it.

For about 2-3 months I have been selling crypto to Fiat.

When I made that move I felt that I was overextended in crypto.

I wanted to mitigate risk.

It was part 1 of a plan that could have gone either way.

Crypto could have gone up and the value of my total holdings would have been less.

But it came down and now I can use the Fiat I put aside to buy back in.

I started this process last night.

I'm not a person that goes all in at once. I buy gradually over a long period of time.

I bought a little bit of crypto from all the coins I want to have.

This is now my baseline.

As long as it's under this line I will buy the same amount in fiat of crypto at certain intervals.

This way I will have a nice buy in average.

I talk about it more in my vlog.



I am a witness with our developer group blockbrothers@blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.

We build Steemify a notification app for your Steemit account for iOS.

Get it Here:



▶️ DTube
▶️ IPFS
Vlog 210: Sticking to my plan: Buying crypto with Fiat in the downt... | Ecency