When you start doubting your investments because of the short term negative volatility, one question you should ask yourself is: ''Has anything changed in this project's fundamentals"? If the answer is YES, then you need to reanalyse the current fundamentals and what's changed since you invested and make a new decision based on what you find. But if the answer is NO, and the fundamentals remain unchanged, then you have nothing to worry about. Just relax and wait it out. #cryptocurrency #crypto #defi
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3 comments
Great advise.
I totally agree with that. For example, it appears the US stock market is finally starting to “correct”. As this correction is way, way overdue, it might be a huge one. Stocks might drop in value 30% or more. Some people will panic, and start selling. What will I do? I will start buying and holding, knowing that if I live another 10 years or so, (which at this point is questionable), I will come out ahead.
I appreciate your effort in spreading knowledge of crypto @CryptoSorted thanks