Crypto market is shaking: Is it really that scary?

I'm sure that you, just like me, see a circle of people complaining that crypto is already falling and will not grow. Doesn't that sound funny to you? There are events happening in the market that many investors and traders would call "opportunity". For those who are plagued by doubts, I would advise you not to meddle in the cryptocurrency market. I don’t mean to sound rude, but it’s true. People even lose 10-20% and are already starting to whine about what to do and how to get their money back. If you can say with confidence that you are ready to lose about 60% of your invested funds without any hesitation, then you are our crypto man and the time has come to invest.

In the short term, the value of cryptocurrency rises and falls drastically, however the trend over the years has been upward. Investing in cryptocurrency with a long-term strategy is a way to avoid the volatile cycle and fluctuations we see over a short period. This approach works on the assumption that the upward trend in value will continue over several years.

This approach is known as holding or “hodling” ofc! The idea is the same. Buy and wait for it to grow. While you’re waiting 5-10 years for your crypto to rise in value, you can earn additional value through interest payment platforms that help people earn interest off their crypto while they hold it. I am pretty sure it is the best tactic right now. It works for me anyway.

How do you feel about all this kind of stuff? What strategy do you follow?

Feel free to share your thoughts in the comments down below, or enter a couple of discussions in this up-to-date Crypto/DeFi discord channel - a place where you kind find ideas and useful information about earning high interest rates.