The strategy that should be adopted to keep the portfolio right during every downturn!

Every downturn or upturn in the crypto market is very important because it brings new opportunities for us to make money. Just as we can make money when the market is up, similarly when the market is down, we can rearrange our portfolio to get better returns in the future. However, at present we know that the crypto market is currently very much down. However, many have more than halved their portfolios. So many people are currently disappointed but honestly you are not alone most of the investors lost their money in half in the current down.

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Currently all the coins are down in price so instead of despairing now I think now is a new opportunity to make money to get a good return in the future. Especially the coins that you buy and hold and build your portfolio are down more than 80 to 100% like other coins. So now there is a new opportunity to invest in those coins. Which you are getting through very good discount. And if you can dollar cost average by reinvesting the coins in your portfolio, that will bring your average purchase price down a lot, creating one more way for you to make a profit.

However, we use the strategy of Dollar Cost Averaging to lower the average purchase price of our coins. A common mistake we make in that case is that when we buy a coin, we immediately buy again when the coin goes down or the price of the coin drops. But we have to remember that after buying one of the coins, if the price of this coin drops at least 20 to 30% then we should take second entry. Thus if we can take entry in a coin several times through Dollar Cost Averaging then we will get a good return from that coin in future. So we must adopt these strategies.

Most importantly when we buy any coin we should not buy coins with full money. We should decide in advance how much in which coin and how and in what steps we will buy coins. But keep in mind that no coin should be bought with full money at once. Of course, the dollar amount invested in any one coin should be divided into three to four parts and each part should be bought and dollar cost averaged per step. So no matter how down the market is you can keep your portfolio and when the market goes up you can move your portfolio to a good position which will give you good quality returns and you will make good money.