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❓ASK Did you make the most of the cryptocurrency crash?

AudraMiller

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The crash in the market that we saw recently was major step back for many peopel and for those that invested at the height of the prices it is also a major loss that they incurred as well. However, with the crash there was also an opportunity to invest in the market and to diversify your cryptocurrency investments in order to incorporate even more different coins as well, in hopes that the rise of some will off set the losses of others. Did you seize this opportunity and which currencies did you diversify your investment to include?
 
I didn't do much since I have limited by funds but I know others must have taken advantage of it. You know some crashes happen and those that were waiting for such will enjoy
 
Bitcoin, and other cryptos, seem to be moving in a small range at the moment. It should be remembered that cryptos moved from $30k to $60k in a short time. Think we will have to be patient.
 
Well not really.
I had some good amount of BTC in my wallet before the sudden dip.
Still expecting it to rise again though I am into BTC mining
The dip would have been the perfect opportunity to sell your bitcoin at the high price before the dip and rebuy it at the lowest point. However i also missed this opportunity and hope to manage to catch it for the next major dip.
 
I both suffer and well take advantage of the dip.. i increased my portfolio now just waiting and looking for more coins to buy
 
I think I spread my investment into investing into cardano and bought the dip too , because of the current development of the coin , I consider it cheap and part of the best
 
Well , I didn't make much from the crash due to the fact that I didn't sell when I suppose to and thus I have most of my fund in the dip
 
Same here , and if I had sold my coins before the major crash I would have made significant profit from cryptocurrency trading and holding but currently on recovery mode.
 
Could not take any advantage of the crypto crash as any form of cryptocurrency is illegal in my country. Really wish the cryptocurrencies were legal here so I can start trading.
I believe cryptocurrencies are digital and you should be able to trade them online then exchange to USD and eventually to your Local Currency.
 
Could not take any advantage of the crypto crash as any form of cryptocurrency is illegal in my country. Really wish the cryptocurrencies were legal here so I can start trading.
Many countries have actually considered cryptocurrency to be illegal and as a result they have banned all use of cryptocurrency within the country however there are certain countries that are starting to re-evaluate and perhaps your country might do this in the future as well.
 
we could do that but it is a very long and difficult process for us.
Changing crypocurrency to your local currency can be a very hard thing to o and it can be very daunting as well, bu ti find that one way aroudn this is actually to just buy gift cards with your crypto and then you can use them at those stores locally as you would use your fiat currency.
 
It is very important to invest in cryptocurrency even your country doesn't support it because likely in the future the government could reverse their decision.
 
I lost in the bearish run, it was my first experience but now I heard about a trading robot called Bitcoin pro that it doesn't trade at a loss even in the bear season
 
That is actually a nice idea for people who wish to withdraw or deposit from crypto, I would also suggest that you add gift cards and other methods to diversify your market.
 
But did you make as much sales in the bear run as you would make in the bull season seeing that majority lost during this period and decided to leave crypto currency till the bear was over
 

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