In times like this I advise you to not panic and to find a coin you believe in (SwH can be one of those coins for you). I understand the market is pretty fucked at the moment. Almost everything is down, Solana is doing particularly poorly and because most meme coins have taken a big hit. But in these times of panic and general uncertainty don’t puss out and sell all your bags, you should be topping up where you can and bringing that average down. If you panic sell everything at a loss you are just giving an even better price for the already rich whales to scoop up and make boatloads off. If we are not already bottomed out we are close.
You could try and time the market, maybe that has worked well for you, in which case congratulations on your success’s. I however have hardly any luck attempting to time the market so of you’re like me it really is better to hold and buy more. After you buy there’s a chance it could drop more in the short term but you won’t care in the long term. It’s obviously an extreme example but would you really be bitter if you bought bitcoin at £10 rather than £9.90.
You can take risks but you should never invest more than you can afford to lose. This is what frustrates me when I see people panic selling amounts between like £5-£400. If you are selling these amounts when the whole market is red you obviously put in more than you should have. Otherwise why would you not leave in these relatively small amounts for the chance at making serious wealth? Put however much you want into crypto but do not go into your life savings and do not go into money you need to get by for the month. Anything else is fair game, crack on.
Snake wif Hat is currently at an amazing price to get in at if you’re a new holder or to bring your DCA down if you are a holder and in the red. Our community really is unbreakable and despite everything that has been thrown at our coin in our 3 and a bit months we are still here, the community is not panicking as we all share the same end goal and know we will achieve it with a bit of perseverance. Don’t wait for Solana to bounce back before you buy as we’ll have bounced back too but at a higher percentage and you’ll lose out on money.
If you don’t choose to buy any SwH then your loss but no hard feelings. I will however ask that you please stop putting money in these stupid trending coins which rug in a day. You may make a bit of money but more likely then not you will lose. This money then goes straight into the pockets of the scammers and lost from the crypto space all together when it could have been invested wisely into coins like Snake wif Hat.
Keep it real, keep it Snake wif Hat 🐍🎩
submitted by /u/I-may-bury-u
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