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RE: The Crypto dip.... what are you doing about it?
I'm really not too worried. This is my 3rd time through one of these crazy cycles; 2013 when BTC passed $1000 for the first time and "the sky was the limit," before it dropped from $1150 to $210... then 2017/18 where we hit $20,000 and then back down to $3,000-ish... now this. I'm not even sure this is anything more than a "correction," although the timing was unfortunate, coinciding with the Chinese clampdown and the US regulators rattling their sabres.
Well we learn from history right and history has told us that crypto isn't going anywhere. I just don't know what is motivating so many people to continue to panic sell. It is all speculation on my part but I feel as though it is people that either don't understand anything about crypto or big organizations that diversified "regular" portfolios with crypto as well. Either way anyone that got involved more than 5 months ago is still on top in most situations and that is you and I and probably most of the other people on this site.
Most people I know enetered the market between 2016-2018, so actually reading this from you sounds quite interesting to me! Having the right perspective is so important, and it makes things to much easier to handle!
I remember buying Vechain tokens at $6 per piece in 2017. Then the price fell to $0.2, and during the bull run now, it reach almost $27 (in a way, this isn't completely true, because they change the token amount, meaning that if you bought one at $6, you suddenly got 100 worth $0,06 per piece). Now it is falling back, but still, if you are a long term holder, then you are safe onboard a ship heading in the right direction!
By the way, just quoted your entire comment in my newest article... it was so brilliant.