I woke up this morning to a sea of red across my portfolio. Seeing double-digit losses on almost every major coin was a stark reminder of crypto's volatility.
But unlike my first experience—where I would have panicked and sold at a loss—I now have a plan. That painful $500 lesson from FOMO and meme coins taught me the value of discipline.
My simple strategy for this downturn:
- Stick to DCA: My weekly automatic buys of Bitcoin (BTC) and Ethereum (ETH) are my anchor. I'm not trying to time the bottom; I'm just consistently buying, and today's prices are effectively a "discount" from last week's.
- Ignore the Noise (and Memes): It's tempting to look at coins like PEPE, down 24%, and think "bargain." But I'm staying focused on the fundamentals. Blue-chip assets are my safe harbour in this storm.
- Observe and Learn: This is a live lesson. I'm watching how the market reacts, how different assets recover (or don't), and managing my own emotions.
This isn't a time for fear; it's a test of my new investing discipline.
I'd love to hear from the experienced people here:
What's the most valuable lesson a market downturn taught you?
For a beginner, what should we be paying attention to right now?
Let's learn from each other.