Everybody is sweating, cryptos plunging double digits.... STEEM under 1USD

Hello all,

Looking at my own portfolio and the total market crypto cap going down rather fast I can imagine a lot of newbies starting to sweat and push the sell button to protect at least some profits or to minimise possible future losses. This is what I personally believe is the worst thing to do since the market can reverse any time and those selling at loss not only being left with significant losses but also missing the future gains or buying back at much higher entry point. It is very easy said buy low and sell high but the reality is very different. Even though there are spectacular traders that will make massive profits from those huge price swings by selling at top and buying back at bottom but for average Joe just like me and majority of others this can have devastating effect on our portfolios since most likely we will do exactly opposite. My personal strategy is very simple and I believe it will work in the long term since I believe in the huge potential of crypto in the years to come. This is only creating great buying opportunities on those dips to increase the value of our portfolios in the long term since everything is on sale:).... There are many great cryptos with great potential such as STEEM with the price shortly trading little under 1USD today. Does this mean that the price will not drop any lower? Who knows? I don't and majority does not know either but if it does drop lower again in the near future then the only obvious thing for me to do is to add on those dips:)... The worst thing to do is to panic sell when everything is red. The only thing I am disappointed with is that BTC is still holding very strong while the fundamentals are not there at the moment. I am still hoping for the price to go even lower to add on BTC as well. What is your strategy? Would be great to know.

Tomas
CEO & Founder of CGH