I believe by now, we are tired of the so-called, " buy the dip". The Bear market has taken longer than expected and some people are beginning to panic. It is normal actually for some investors to panic because they are losing money. What is not normal is when you are not doing anything as you lose money.
Should you cut your losses? That's left for you to decide. I know it might be tough for some people to cut their losses, especially when they are down to $100 from $500. It's ok if you don't cut your losses at this point, but don't just relax. Check the projects where you are invested, and check if they are still building at this point.
Believe me, many projects won't be able to recover on time after the bear market because they have probably lost investors during the bear market. Some investors are not bothered about their losses if only the project is still building.
Are you making the right research during this bear market? Instead of wasting your time worrying about the crypto crash, research some projects with good use cases and see if you can invest in them. You can also take this time to learn some Blockchain skills.
There are a lot of job opportunities made available by the Blockchain. The good part is that most of them are remote jobs.
Their pay is usually big. We have Other blockchain opportunities that don't demand much skill. One of them is social mining. This is where you use your social media account to make money by creating content for projects that have the features. If you are on Hive, then such an earning opportunity won't be a challenge.
We don't know how long this present bear market may last but we believe that the bull market will still come. So, if you have been hodl your crypto assets up till now, there is no point losing hope. Exceptions are for projects that seem to be disappearing into thin air.
If you still have the cash to buy coins, then go ahead and bag some coins with use cases and real-world applications. I believe very soon, the crypto land will be green again. When this happens, those who invested right will have a course to rejoice.
This is not financial advice.
