Making the most out of a down market

in crypto •  7 years ago 

With the current down trend some of you might be freaking out maybe your portfolio cut in half. Dont let fear drive you this current pull back is actually a good thing it allows you to get in at a lower price point and double your money or more in the coming months. If you got in at the top and are new to the markets dont worry this happens hodl dont panic sell and youll come out ok.
Another great way to take advantage of this current down trend is Ico's. Most if not all do not adjust there ratios example 350 ico tokens = 1 eth. Well last week that would of been about a dollar a token now with the pull back you can get those tokens for around 70 cents. You can use coinbase or whatever you choose buy eth at $267 and still get the same 350 tokens and if you add in bonuses your really pulling it down. In a few months when said token has hit the exchanges prices will most likely have recovered, and you will have tripled your money

Be creative if your stuck right now cause you bought high maximize what you do have.
You can sell get in on a lower position and multipling your holdings.
Like i said dont let fear and dispair drive you or cause you to be foolish. Come up with a strategy and stick to it

Thanks for reading

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Dude share the love how do you pull off 54 votes on a comment on a post thats only been seen by 5 people

Absolutly. To be trueful anymore i only buy when the market turns

Im Hodling and Buying