2021-06-06 23:23:02
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When market crash or go in Bears panic sell is probably the worst decision possible.
Here is 4 solutions and strategy;
• Cutting your losses
• HOLD
• DCA (Dollars Cost Average)
• Stake
1. Cutting you losses is accepting to sell and take the losses. It's kind of the worst option since it's can leave you with remorse and a bad vibe.
However if you have a great strategy to recover from the lost, like futures, next investissements ou plans to generate money. It's maybe good.
2. Hold mean you will diamond hands and are ready to keep your position for several month or years before it's go back to the original price. In all investissement or market this strategy do work since everything go up over time.
3. DCA mean you just buying more every dip. That way if you purchase one BTC at 60,000 and one at 30,000$ your total new possible is 45,000$.
More you add and buy the dip, the less your higher position affect you total investissements.
That strategy require big pocket but It's one of the best.
4. Stake, is like farming, pooling. This strategy work super well with HOLD. Since you holding ANYWAY why not use your token to generate free APY/APR overtime.
Good example for this is Cardano.
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