Take ownership of your actions and decisions! This is all we've got guys. Coin Market Cap has lost almost 300 billion dollars. It's a bloodbath! People's portfolio has taken a major hit. There is definitely mass panic going on. Unfortunately people are selling their positions for losses. This is the time where you have to be strong and resolve in your belief of where cryptocurrency / blockchain technology is going. Do you really believe that this technology is the future and that eventually mass adoption will occur ?
If you do, this is a golden moment to buy. This is where "Buy low and sell high" can be applied for max profit. Man, everything is for sale. I'm looking at Ethereum, LTC, Monero and others. Almost all coins are at great prices to buy. You may never see these prices again. The "whales" (people with big monies) and institutions waiting to get into crypto are going to buy everything up. They will profit immensely. They don't let their emotions take over . They logically get in and make the profit.
Not a financial advisor or one to sway you in any financial direction, but this is what I'm going to do. I'm just going to increase my positions in coins I believe will win big. This is how the "big boys" do it. I'm just following them. You must do the opposite of what the masses are doing. If all are selling, you should get ready to buy. If all are buying, be cautious and maybe sell some positions or hold position. You've just got to be cool and stay calm and make wise investment decisions. The market will turn. You just have to make sure you are positioned correctly. Always have ready funds to invest and take advantage of market conditions. Plan for every contingency so that you can take an adversity and make it work for you.
Just think, don't you think that the big institutions, banks, "whales" who've been waiting to get into crypto are happy as heck at this time. Man, they are buying with a knowing smile on their face. It's money time baby. They are going in big. You must be like them.
Final thought. Don't you think and /or agree that the prices of cryptocurrencies were driven at all time highs and coin market cap going as high as 7 billion for a reason. Was it just to get everybody to be more aware and be excited about cryptos. To let the public exposed to cryptos. I'm sure this is part of it but there is a bigger reason. And that would be to generate a lot of "sellers." They want to buy low, but they must have "sellers" to buy it from! You must think this through and hold your positions. Just be patient.
Disclaimer : Never invest funds more than what you can afford to lose. This post is my own personal opinion/speculations/ insights . Please do your own research before making any investment decisions. I am not a financial adviser, nor am I giving any financial advice. If you make any trades after reading this post, you accept accountability and responsibility for any lose that you may incur. By reading this post you acknowledge and accept that.