ASK LEO: How can you familiarize your self with the dip and get prepared for the worse ?
You may not understand this statement until the bearish market is over ,crypto market has created fear and panic in people dealings over some time but to some investors they keep buying the dip ,the ugly aspect of Crypto has just surface it's self to create fear to the mind of less experienced investors or novice in the business, although nobody can be sure of what happens the next minute but getting acquainted and understanding the volatility nature of Crypto may be a good tool for the present situation of the market ,
As a crypto investor one must understand that no condition is permanent ,and that is why we have the bear market and the bull getting a better understanding about this two will solve some problems and buying the dip is also another aspect that may look uncertain and probably be a good step at the long run ,
It is better to get knowledge about how Crypto works than sitting on the fence ,at this point one must inteligently make a decision wether to buy or to sell due to the crash in the Crypto market ,
In the last few hours we have experience improvement in the graphical crypto chart but no one can be certain if it's going to last for a day ,
And this is the angle my question is coming from . It is better to familiarize yourself with the dip and prepare for the worse 😫 scenario getting this at the back of your mind will get you focused and 😉 unshakable to keep buying the dip without panic ,as we all know cryptocurrency are volatile in nature so we must be prepared to tolerate it, we must not look at Crypto in one direction one must understand both positive and negative aspects of Crypto it is good to understand the basics of investment and also what Crypto markets are ,always have it at the back of your mind what if I lose everything? But to be on a saver side always invest what you can afford to lose ,as we all know that Crypto business is a long term investment so forget about getting rich quickly ,get prepared for the bad days and the good days ,
in conclusion
I will leave you with this proverb to help you move on
" prepare for the worse and hope for the best
Thanks for visiting my blog
@tobywalter cares
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