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RE: How To Prepare For The Coming Cryptocurrency Bear Market
My personal opinion is that this will be a correction that will last for a few days. I then hope the market actually goes sideways for a few weeks to consolidate and then starts to move up again. I would be really worried about a large bear market between the 250 - 500 billion range if it continues to shoot up like it has.
If you haven't watched the video yet, Chris Dunn talks about each scenario.
Thanks. I hope there's a correction for a while to shake profit takers out and attract new investors for the next leg. To manage the account value swings, I just think about the units of tokens I have and focus on future value/utility. Fiat price today is simply the entry point for non-traders.
Yep, saw that video a while back and it's very helpful. Thanks for your reply.