01-06-2022, 12:03 AM
Continuing to DCA during crab or bear market is the true test of character. Would yo
<!-- SC_OFF --><div class="md"><p>Putting money in crypto monthly is easy enough, but would you have the nerve to continue to pour money in the market while we are on a downtrend during 2 or 3 years ? </p> <p>If we hit a long crab or a long bear market this is what will be required of you to make some real money in crypto. Do you think you have the mental fortitude to continue to DCA during hard times?</p> <p>A lot of us were high on hopium with BTC 100K EOY, ETH 10K EOY etc. But when their prediction fueled you with hopium to the point of OD, were you able to stay cold headed when it didn't happen? </p> <p>Do you have a plan if Crypto doesn't work? </p> <p>I know these are a lot of questions but sometimes, some people are throwing their future at Crypto without the understanding the risk and how to manage it. </p> <p>Diversifying in other market may alleviate some of the mental drain during bear markets. You should think right now of ways to not stop investing if there is a down trend. </p> <p>A bear market can last more than the 2021 summer crash. Remember to not spend more than you are willing to lose.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Nostalg33k"> /u/Nostalg33k </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rwrexr/continuing_to_dca_during_crab_or_bear_market_is/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rwrexr/continuing_to_dca_during_crab_or_bear_market_is/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Putting money in crypto monthly is easy enough, but would you have the nerve to continue to pour money in the market while we are on a downtrend during 2 or 3 years ? </p> <p>If we hit a long crab or a long bear market this is what will be required of you to make some real money in crypto. Do you think you have the mental fortitude to continue to DCA during hard times?</p> <p>A lot of us were high on hopium with BTC 100K EOY, ETH 10K EOY etc. But when their prediction fueled you with hopium to the point of OD, were you able to stay cold headed when it didn't happen? </p> <p>Do you have a plan if Crypto doesn't work? </p> <p>I know these are a lot of questions but sometimes, some people are throwing their future at Crypto without the understanding the risk and how to manage it. </p> <p>Diversifying in other market may alleviate some of the mental drain during bear markets. You should think right now of ways to not stop investing if there is a down trend. </p> <p>A bear market can last more than the 2021 summer crash. Remember to not spend more than you are willing to lose.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Nostalg33k"> /u/Nostalg33k </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rwrexr/continuing_to_dca_during_crab_or_bear_market_is/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rwrexr/continuing_to_dca_during_crab_or_bear_market_is/">[comments]</a></span>Kind Regards R