I'm waiting a bit to see how this plays out, if we hit 6k I'll pick some up, but I made the mistake of putting most in in DEC and early JAN. Part of the problem is most of my money is locked up in company 401k... maybe I should quit and learnt he markets
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I'm waiting to see how this plays out too. I'm not going to throw the kitchen sink at this unless I see BTC at $4,000 or lower, otherwise just HODLing and opening small positions.
Don't feel bad about your paper losses. I think this correction is just whales who have made probably tens or hundreds of millions since 2015 taking some money off the table. There really are people like this and it makes sense from their point of view. You only lose out if you sell at a loss.
I only ever put a small amount of actual money into crypto, so I can sleep well at night even during a crash like this.
Ya, I didn't risk too much, if I put more in I'll dollar cost average to watch out for new lows. Ya it's crazy how much some of these people have made, and it's only the beginning, people are getting fed up with our financial institutions basically stealing from us.