There was a time when crypto market was about to touch $3 Trillion, and currently global crypto market cap is around $1.1 Trillion. Such dip in last 20 months.
It is a fact that crypto enthusiast will not happy from the current situation, but this is the way market move. It may pump or dump any time. Patience is the key here. People relates dip with loss. It is not true as each dip provides an opportunity for investors to buy coins at cheap rates. It's time to grab this opportunity with both hands. If you are they guy who have some funds, you may invest in crypto world.
Investment should not be done in single step. The best strategy is to split your investment in steps. There is huge probability that market may dip down further. Rumours circulated that BTC may touch the $20,000 worth in next dip. So, it is always a better idea to invest in instalment. It will help to reduce your average buying cost and you will accquire more ccoins in same price.
There is no need to worry as crypto is not facing such challenge for the first time. We often observe crypto market bounce back after big dip. I believe crypto will rise again. Time to hold your assets and if you have equity you must buy coins in several instalments. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.