How To Not To Be Buried In Dips

So hey guys, you enjoying the market? What did he say catch him and beat him, lol! Uh-ah, oh sorry! I know this is not a good time to talk or enjoy or remind you of the market. As you may have already seen the current market condition.

The dip gets more dipper, the red becomes deeper in colour and ultimately the price of any coins is touching the ground be it may BTC or BCH. There's not much you can do in these markets to bring it on the positive side but you can do some things to not to be at loss overall.

I have tried some of these points myself, though my portfolio is almost 60% down. As every invested coin is almost 30-40% than when I invested.

HODL

Wait man, we already know this term. Oh, that's great why I am saying you to hold Bitcoin Cash or any other coins is just because, bull runs and bear runs are the part of the market and the one who survives these two can only make good profits in Crypto. It takes 6-12 months for a coin to go into the ground and the same to go to the moon. I think you may have noticed it. That the market gives some ample opportunities to buy or sell both in bear and bull market, it's not that much. But it's pretty good depending on which trend is going on.

There's one BNB smart chain Blockchain gaming token based on space RPG game which isn't launched yet which I am holding since the bull run and you would be surprised I am still in profit. Of 35$ for now. And I got the opportunity to sell it in 300$ profit 6months ago but I missed it. I could have booked profit there and reinvested in it again. Some coins or tokens take a longer time to rise except the Memecoins, they are just useless quick gain or lose money choices.

Only sell your coins in case of a dire emergency.

Booking Profits:-

If you are a long term holder then you don't have to follow this point but I would suggest checking the prices sometimes as many times you may need money and who knows there's bear trend going on and you aren't in that profit and have to sell for low profit.

Just like what happened to me with the MNG token experience which I shared in the paragraph above.

The saying Money makes money can be applied to the more Crypto holdings you have the more money you can make.

Book profits and reinvest in these types of dips.

Accumulate Satoshi's:-

Most of the users here aren't investors or traders you can simply add more Bitcoin Cash to your wallet through the two-dot platforms. Hold them and in some months you will realise the power of focusing on satoshis, not on dollars. A person holding 100BCH is an easy Millionaire in the bull run.

Just see the Pantera's article he is already holding more than 43 BCH. He has realised the power and future of holding especially Bitcoin Cash. Check out his article, it will show you a great theory of how Accumulating BCH will one day give you great profits.

A Possible Reason For This Huge Dips:-

Currently, the prices of goods and services are increasing along with the War forcing people not to invest money and some are taking out what they have in case of emergencies to be prepared.

Final Thoughts

Of course, it's your money, it doesn't matter to me what you do. You are free to do whatever you want, these are just points taken from my experience. I'm no expert here. But the points have worked for me so I am sharing this, sometimes the theory isn't enough, and I do have a fair share of practical lessons with this.

I will hold by 0.5 BCH and more even if I direly need money now for my bachelor's monthly expenses. That's what happens when you don't book profits.

I have learnt an important thing is to use the bull and bear trends to be in a solid profitable zone during these times by Booking Profits, Reinvesting, Accumulating Satoshi's and lastly HODL as this is the most planned and better way to book huge profits.

See Ya, Gah I need more USDT to invest in this dip.

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