Falling prices. Bear markets. Red numbers. Falling charts. You name it. Nobody likes when prices are falling except if you are holding put options. The markets are about psychology and that is why i am going to show you what medicine is best when prices are dropping.

Investing

This has nothing to do with trading or short term speculation. I am writing about serious buy and hold investments. Well we can discuss what is rhe best strategy when it comes to investing but lets say it is buy and hold.

the medicine

Let us get to the point. It do not matters if you are holding stocks, cryptos or commodities, it is important to hold your investment as long as it is not a fatal wrong asset.

1. First print out a chart of the asset. Make sure there is enough space on the paper in front of the chart.

2. Draw a realistic, slightly pesimistic line where the prices could go in the future. This is no chart analysis, simply what you think is going to happen in the next 5 or 10 years.

3. Hang up that chart in your office so you will always have in front of you WHAT REALLY COUNTS.

note. If you realize your prediction for the next 10 years is negativ you should probably sell that asset.

Conclusion

Always have the long term perspective in front of you and dont let the short term movements deceive you.

Disclaimer. This is no financial advice. It is my own opinion and you should do your own research.

Let me know what you think :)