6/16/2022 0 Comments What To Do During A Crypto Crash?How to survive a crypto crash? First of all, the fiat you have invested in crypto should have been wise and safe investments. To be honest, you should only invest what you could lose and to get a taste of the fearful crypto community. Don’t SellDon't sell your crypto holdings during a crypto crash because you may lose your original position if it was lower than the price of the crypto you were holding that had crashed. I hate to say it, but some of your crypto projects will be exposed, which means they will lose all of their value or close to it. Think of it this way: you took a loss but gained knowledge and awareness so you can be ready for the next crypto project you find. Due DiligenceDuring a crypto crash, one of the best things you can do is research all of the crypto projects and other projects in which you are interested. Of course, you should have already done your due diligence on the crypto you own, but during a crypto crash, see how the projects that you are interested in what their goals are during a crypto crash is it fight or flight? The most common legal issues and omissions associated with blockchain projects range from being classified as securities in certain jurisdictions to being completely illegal in their chosen jurisdiction. Watch But Don’t StalkWe understand that a mass of people probably taking loses of over 70% so it's hard not to wonder and stalk a crypto project that you are invested in. Find another activity while you watch your crypto holdings let the market correct itself. Meanwhile, you could be learning about more promising crypto projects. Also, spending a little more time with your family researching other investments like stocks, building credit, and investing in yourself. Buy MoreBuying the fear and selling the greed is always the favorite thing to do during any crash in crypto, stocks, or housing. But remember, buying the dip could be a great starting position, but it could also be buying someone else's bags if the price drops even further. There is no real technical analysis to know when to buy the dip; it's best to be patient and avoid the FOMO phases. Accumulating more crypto at a discount price to add to our portfolio seems to make a crypto crash a little less depressing, but not for everyone due to the fact that many investors lost huge amounts of savings and now probably won't even look at crypto the same. That's understandable. That is a difficult part of crypto investing; well, part of any investing to be honest. Inevitably, a crypto crash can expose a fake crypto project. That means for longterm investors, we see a crypto crash as an opportunity to learn more about fake crypto projects and provide old and new investors a great buying position.
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