The Crypto world is bleeding seriously, people are complaining, some are getting depressed, even a friend who is highly invested is stressed out and restless. The internet is laced with various news concerning the crash in market value that it can not be averted.
Now we ask, should investors keep buying? Should investors rely on the strategy of hodling? Or should investors say byee to anything crypto?
There are doubts as to how viable the crypto market can rise from this bear market at the moment, many claim that crash or not the Wiseman wins even in turbulent times. There are hopes that the fall will "stop" soon and bounce back.
BUY
Investors, both old and new can most definitely buy low now if they can afford it, but should not expect to strike gold though. Considering the bear markets where there is decline in price value of crypto the Idea should be to buy, an opportunity to stack more assets. Thus, buying and waiting can be an option that requires patience because it is said that millionaires can be created in the bear markets.
HODL
Holding on to crypto in this period can be a wise decision to uphold. Yeah, HODL means holding on to dear life. This crypto term simply strategizes the means to hold on to investment while expecting a rise in assets. Investors who HODL crypto investments during this crypto dip are likely to stay strong and amass more fore themselves rather than fall into tension of selling.
BYE
The tension is so real that many have pulled out from the crypto market. They suffered loss than gain and thus disposed whatever is left of their investments. It's either bye to crypto forever or you take in the situation and survive by whatever means.
Just be wise in your decisions.