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RE: Vlog 210: Sticking to my plan: Buying crypto with Fiat in the downtrend.

in #life7 years ago

I Was telling my son about this yesterday
I remembered your post on this topic and thought it was great knowledge to pass on
We get overexited on crypto sometimes,
and tend to forget fiat even exists,
I remember you said something like,
It is great my crypto wallet is growing,
but my fiat is at a standstill,
and I will need that to buy in future dips..
Looks like you were spot on, once again 🤗

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Being overextended in anything is usually bad. I believe in diversification. In hindsight I should have sold even more. But hindsight is always easy.

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this is so true. i didnt sell any - but luckily i am able to buy more on this massive dip and even if the dip continues i will buy small amounts in. i have a firm believer we'll be back to where we were (maybe even more), even if it takes some time.