Promotion on crypto??
You are probably wondering what to do now, I am also wondering here are a few tips
🟡 1. Wait out the declines (HODL strategy)
For whom: For long-term investors who believe in a market rebound.
Pros:
• You do not realize a loss.
• The crypto market is very volatile — increases after declines are common.
• If you bought with a longer horizon in mind (months/years), temporary losses should not discourage you.
Cons:
• You may have to wait a long time.
• There is a risk that some projects (e.g., BMT) will not rebound.
⸻
🔴 2. Sell now and limit losses
For whom: For those who do not want to risk further declines.
Pros:
• You limit losses if you believe the market will continue to decline.
• You can recover some capital and re-enter at a better moment.
Cons:
• You realize a loss.
• You might miss the rebound (so-called “panic selling”).
⸻
🟢 3. Buy more (averaging strategy)
For whom: For those who believe that the price will return and want to lower the average purchase cost.
Pros:
• You lower the average cost, so you will break even faster.
• If the market rebounds, the profits will be larger.
Cons:
• You risk more capital.
• If the project fails, the losses will be greater.
⸻
🔍 What is worth doing now?
Ask yourself a few questions:
1. Why did you buy these cryptocurrencies? Was it a thoughtful decision or just “because it was rising”?
2. Do you have a plan of action? For example: “I sell at -10%, I buy more at -20%”.
3. Do these projects have fundamentals? ADA and XRP are large projects. BMT – more niche, hence greater risk.
⸻
📌 My advice:
If you are investing long-term and understand the risk – waiting or averaging may make sense.
If you feel stressed, do not have a plan, or need this money – consider exiting your position partially or completely.