As we all know, in the past a few weeks, the total market cap of crypto has dropped from nearly 2 trillion US dollars to nearly 1 trillion US dollars. For who has just joined the industry might be surprised, but a similar thing happened four years ago. In 2018, the price of ETH fell from $1,300 in January to around $80 in December.
In such a unstable market, I think the first thing is to invest in yourself, deep dive the market trending and build capability of fundamental analysis, and do not follow the crowd blindly when do your investment. If you learn more in a bear market, you will gain in a bull market.
Second, you can join some project at a low cost, such as some free projects, maybe someday you can get some airdrop from it. Even not, the experience can improve our understanding of the industry, and it’s more impressive than reading.
At last, if you believe in this industry, I think you can buy in the blue-chip on dips, such as BTCÐ. The value of crypto is based on consensus. Once economy recovers, high chance these price will rise, you can decide when to buy according to the market situation, or you can also buy in batches like DCA,dollar cost averaging, to reduce your average cost.
These are some of my opinions as reference only, NFA, thanks for listening.