Creating a New Portfolio that Adapts to the Current Market Situation is the Solution for these investors.

Exactly 11 months ago, Bitcoin was hovering around the price of over $67K, and I remember as if it were today, many unprepared people, without knowledge and domain about the crypto market, went around buying the famous Bitcoin that according to some traders, it was on its way to $100K. Many inexperienced beginners were lured into buying Bitcoin, but the truth is that no, it was not even on its way to $80K; but the emotion of many, made them spend money hastily. At this time as I write this article, one Bitcoin is worth $19,158.17 and whoever probably bought Bitcoin for $60K, has in his wallet a devaluation of -$40,841.83. But that is for those who bought a Bitcoin at the time, for those who bought a Bitcoin of at least $1,000, their wallet is at a negative value of -$680.40.

How to Motivate Those Who Bought Bitcoin at $60K?

It is difficult to motivate a beginner who started investing on impulse because someone lured him because of the fame of a certain asset. And if someone who bought Bitcoin at $60K has not yet sold his Bitcoin after bearishness, out of fear and lack of knowledge about how to be a real investor, that person deserves respect and can no longer be considered as just anyone.

Under normal conditions, when you buy a financial asset, if the asset depreciates, then you cannot sell the asset without it reaching back to its previous value before the drop and recovering your loss. Or you can only sell, if you have made an investment in the same asset, and the sequential position appreciates to the point of stifling the fall of the first position, in which case you can sell because the investor would have replaced the falling value. These situations are for short and medium-term investors, for long-term investors, don't need to sell, they just need to work around the situation and make the portfolio restore.

How to Work Around a Portfolio with Very Low Positions?

The back office of most cryptocurrency brokers is not the same as that of stock brokers like eToro; eToro allows you to open multiple positions of the same asset and you can sell only bullish positions and leave bearish positions. So in this case, for those who bought assets in a bullish moment, and there was a long market crisis, what they should do is create a new portfolio that adapts to the current market situation. So, in this case, the investor would have a portfolio that would adapt to the crisis and at the moment when the market is recovered, the probability of prospering more than before would be higher managing the two portfolios, he could have two accentuated savings in two different moments.

You have to do this because brokerages don't make it possible to close out parts of an asset in full and leave only the position down, because of the fee it can move the position down. So to avoid losses, preferably open a new portfolio at a different broker, if you are not investing at eToro.

So, for those who bought Bitcoin at the price of $60K, they should open a new cryptocurrency portfolio to adapt the capital to the falling market and work around the situation, while waiting for the position opened eleven months ago to appreciate again in a few years.

Now, if your portfolio is at eToro you can just open new positions and manage the new positions while waiting for Bitcoin to get back above $60 in the next few years