#ProjectCrypto If you buy a cryptocurrency and the market drops, there is no "one-size-fits-all" solution, but here are the main options available, each with its advantages and risks:
✅ 1. Hold (HODL)
When is it recommended? If the coin is strong and has a good project.
Goal: To wait for the market to recover in the medium or long term.
Risks: The recovery period may be prolonged or the coin may never return to the purchase price.
🔁 2. Dollar Cost Averaging (DCA)
What is it? Buying additional amounts when the price drops to reduce the average purchase price.
It's suitable for you if: You have confidence in the coin and additional capital.
Caution: Do not apply this with weak coins or without analysis.
🔃 3. Convert to a stronger coin
When? If you have lost confidence in the coin or the project.
Example: Converting to Bitcoin, Ethereum, or a stablecoin.
🛑 4. Stop Loss
Idea: Set a certain limit for selling before the loss worsens.
It's preferable to use it: In advance, not after a major crash.
🧠 Additional Tips:
Do not sell in panic.
Do not enter the market without a plan.
Always review your analysis.
Do not invest money you cannot afford to lose.