The crypto market drops every day, what should I do?
It's very normal; the crypto market is down 80% of the time.
If you ask if there’s a good way to deal with it, the answer is simple: hold on.
The key is to choose the right direction:
If you buy Bitcoin, you can withstand the drops and even continue to buy more.
If you buy altcoins or air projects, just waiting for a chance to turn around, you may ultimately not be able to hold on.
So, beginners are advised to only buy Bitcoin, and experienced traders should at least keep 70% of their portfolio in Bitcoin.
Don’t always think about getting rich quickly; this industry is already fast enough.
What you really need to do is to maintain a calm mindset, leave those chaotic groups, focus on earning, arbitraging, saving money, accumulating coins, and then wait for the bull market to explode.
I am Chang'an, an old investor mainly focused on accumulating coins.
My strategy is very simple: earn coins in a bear market and cash out in a bull market.
Arbitrage in the market + making money outside the market, slowly increasing the amount of coins in hand.
Completing a full cycle, going from a few thousand to a million is not difficult; in two cycles, you could break through ten million.
It's not complicated, not flashy, but it is truly effective.
Only by persevering can you have the chance to win.
