Instead of saying to people be patient & buy more

Question

Instead of saying to people be patient & buy more

- perhaps people who have been longer in crypto world have some tips to people who are in grave loss(today) & already over extended their ability’s with previous dips with current market state?
Anyone can share?
I believe it would be helpful for people who got in at during Coinbase effect…
Let’s make it a team effort to support and help those people who are finding this current state a very challenging! Thank you

#ach #alchemy #cryptocurrency #english

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28.09.2021

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CHRIS | Will not DM first | NFA · Accepted Answer

Good point. This is not financial advice to anyone but the best thing one can do if you are in a loss is to DCA ( buy more and lower your entry point) but only if you have full faith in the project. Now if you are all in, which is something you should have not done but we all do the best would be to just wait until the tide turns in your favor. While waiting you could take advantage of the time and study charts and many other aspects of trading like fundamental analysis. You could also help spread the word about your the project you invested in and help that project expand adoption. Another thing is that now that you have time, why not plan an exit ? Set up a plan and stick to it. Also do tons of research and reading about strategies. Learn from what you did wrong and corrected so it doesn’t happen again.

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Instead of saying to people be patient & buy more

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