Buy the dip?

Source: found on Twitter

Buying when there is blood in the streets. Well, we're not there yet, but maybe after this "flash crash", we continue to keep moving south.

"Buy the dip" they say. But what to do if the "dip" is continue to dip? Do you have the nerves to hodl, when your Token/Coin is down 80% or even more?

Bull markets are easy. A rising tide lifts all boats. And sometimes those boats, that are not safe, get to the highest levels.

Bear markets are, when legends are born. To be honest, I haven't lived through a real bear market with my crypto investments. I did invest in BTC before 2017, so yes, but it was such a marginal investment, that I didn't really care. So I am not sure, if next time will be different - in this regard.

But I know from stock markets, that I am good living with the crash and bull markets. I am still young and do not need the money from those investments. But your situation could be different. It is always suggested to live up to your level of risk.

That is an important lesson, I learned in the last couple of years. I don't have to jump on every train, but can sit on those investments I am comfortable with. Hive is such an investment. Splinterlands is such an investment. BTC and others are as well. But it might be different from you. And to be honest, why should you loose sleep on your investments.

After all, this should help us to have a better life, not worry us. So keep HODL'ing and enjoy the ride. In the long run, diamond hands win. Always.

Cheers, @andy-plays

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