Just when I thought most of my friends involved in cryptos would have understood that cryptos are extremely volatile and investing in them requires one to invest just what they are comfortable with losing, all they talked about today was how they were worried about the market and how they were losing massively.
While the worries of the futures traders amongst them is a bit understandable, I really see no reason why we would keep stressing about a market that would had once again created an opportunity for to buy some cryptos at a cheap price and would definitely bounce back up later.
Hodling has always been the strategy that works for me because I really can't bear deal with constantly checking the markets and monitoring the progress of my investments. I almost died of a panic attack the last time I traded the futures and I've since settled for hodling as it is stress-free and gave me peace of mind.
No day passes by without people talking about how volatile the crypto market is and so it's kinda surprising watching people still weep about their losses in the market. My advice has always been to hodl and to channel the energy used for stressing about how bad the market is performing to searching for projects with potentials and accumulate more cryptos while they're still cheap.
Red Markets are Go Time and are the best times to get in the market. Red is actually a great sign out here for buyers and when we're uncertain about the market but still want to keep investing, using the Dollar Cost Average (DCA) strategy where you buy cryptos periodically is simply my favourite strategy. Don't stress now folks, keep stacking.
By the way I'm color blind when it comes to cryptos, so I just work with numbers and don't sell at a loss
