Crypto-101: Remain calm, think and act

With the recent crypto plunge the fear and panic is so thick I feel the weight of it in the air. I know you've felt it too.

Think, Plan, Act:

As always we need to ask ourselves why we invested in the first place? Why did we choose these particular crypto assets?

Has anything, aside from price, in your crypto investments changed for the worse? Is there some new fact(s) revealed that points to your investments being poor?

If YES: Sell your bad buys

If some news has come out that is fundamentally negative about your coins then why are you still holding? Sell. Take the L and learn the hard lesson that you shouldn't buy projects on hype or fomo, but ONLY when you research the project and deeply believe.

If No: HODL and chill

Then relax... You did homework, found answers, made a plan, and now you just have to stick to it and wait this out.

If anything, buy more.

Disclaimer:

But READ THIS... Do your research! Are your tokens worth anything? Just because a Tron reached 0.28 doesn't mean it was ever "worth" it.

Don't buy because people say "this is great", ask yourself is this great, and answer outloud, why?

I mean this literraly. This is a tool to force conscious mindfulness and careful consideration.

Conclusion:

I remain confident crypto is world changing technology, and that as an investment it can be life changing (in the right projects).

I continue to believe the fundamentals of my investments:

My crypto collection:

• 1,769 Steem
• 2320 TenX
• 803 IOTA
• 1,000 XRP
• 89 EOS
• 344 Bloom
• 358 Substratum
• 3,893 Siacoin

Believe, have Faith, but base your Confidence upon Reason:

I believe in my cryptos not through the power of hopes and wishes but upon the back of countless hours research. I have considered their pros and cons, fundamentals and technicals, and that has given me confidence in these coins.

I am no expert and I could be wrong but if I am I will go down with the ship, because I believe firmly that these above listed projects are set to change the world.

You need to make your own decisions, based on research to craft your own portfolio that leaves you with as much confidence.

Never forget, most of the 1500 plus coins on Coinmarketcap, will not exist in 1 year. Why is your favourite crypto going to be different?

If you enjoy please upvote, resteem, comment and follow.