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RE: THE INEVITABLE HAS COME. BRACE YOURSELVES, GUYS

in #bitcoin7 years ago

Thanks for the heads-up.

I actually am bracing myself for the next bear market. Simple two-step plan:

  1. HODL, and don't count on selling any crypto anytime soon;
  2. Institute a monthly dollar-cost-averaging plan around the end of this year

Simple, but it requires a bit of stoicism. In a way, I'm advantaged because I've been through the previous bear market (2014).

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You're so nice for commenting on this post. For that, I gave you a vote!

Those are excellent points and I am inclined to agree especially coming from someone who has first-hand experience along this line. Thanks for sharing @nxtblg.

This isn't going to be pretty especially to those who invested their hard earned money.

I am fortunate to have Steemit provide me with the means to play the market without having to use my own money. In a way, I did work hard for the earnings I received from Steemit and that constitute my own money, too.

I just hope we can take this well enough to survive the next bear market.

Good luck to us all.