It usually is a good idea to keep some cash on the sidelines, unless you're an all-in type of person.
If you are that type - I can't repeat this enough - you'd better HODL and be prepared to wait years. That's exactly how the Bitcoin "insta" millionaires did it.
On the fear that this is a new bear market, I'm girding myself to regard my HODLings of STEEM as "abstract money" that will make no difference to my standard of living for a long time. If it is a new bear market, if Bitcoin and the rest are going through a reprise of '14, I'll fire up a dollar-cost averaging plan - like I should have done in '15 and '16.
Resteemed.
Exactly! Great plan. Have a similar point of view for my long-term crypto holdings.
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Totally agree on my to lodge some of that rainy day fund in the morning. Should have got on it yesterday. Were in this for the long haul folks..
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