Hey guys, 

Usually I won't do an article like this, but I really think one is necessary right now, as there's a lot of 'darkness' when it comes to crypto right now. There's a lot of people talking about why the market is crashing, and everybody's bummed about the Bear market, but there's something here that is a silver lining for us:

Crypto in the red? That looks like a big fat clearance tag for me. Who doesn't like discounted investments? 

Bitcoin under 30k. ETH under 2k. Altcoins for pennies.

THIS is a time for you to enter the Crypto market for a relatively cheap investment. Everybody who was wishing to jump in on Bitcoin before it hit 50k, everybody who missed ETH pre-2500, here is where you can really get your foot in the game. This is exactly what you wanted. A coin doesn't just magically drop for you without any added risks, you either accept those risks or don't. Crypto as a whole dropped and now it's your decision: Treat it as an all you can eat buffet, or don't risk the food poisoning and take your investments to a safer area. This right here is the volatility I talk about often, and this volatility is a double edged sword. You will get gutted by it sometimes, other times it will do the gutting for you.

For readers of Casual Crypto, that's even more important. THIS is the time you can micro-invest with the greatest potential return. You've seen Bitcoin hit 50k. Do you think it will hit that again? If you do, this 30k price tag is an easy 60% return when it gets back to that level. It's just a matter of how long and if that rate of return is worthwhile to you. Now do that same consideration for ETH, or other coins. 

It also means many games are at all time lows, wanna get in on Alien Worlds? Tools have dropped an equal 30% in USD. You know what hasn't dropped 30%? USD. Want to try Axie Infinity? Axies are $60-70 right now as opposed to almost 300! Likewise, WAX is just under 15 cents. TLM is like 10 cents. Do you think Wax Wallet will recover? Treat it like a discount to get your wallet started. 

You should STILL DYOR. You still need to watch, to see if the market is going to bottom out or start to recover. Your goal should be to buy in as low as possible and then build as much as possible. HERE is where you can make money, NOT at the top of the bull run, but at the bottom of the bear run. That being said, there is more risk, because past performance does NOT reflect future performance. Some of the coins that were surging were NOT good foundations, some were. You need to find the undervalued coins who will recover from this hit. 

You should STILL not invest more than you can lose and only what you don't need. If you're investing money that you need now into Crypto, you're not investing, you're gambling in the short term. You should only be investing what you can afford to.

Keep in mind I am not advising you on investments. I'm saying that this is a great price tag with a potentially great return, discounted stocks and discounted crypto are great opportunities. I am not giving you a specific crypto to invest in. I am not telling you to invest in TLM or WAX, I am just giving examples. Think of the crypto that you really enjoy or support, the one that's popping in your head right now and go research it more. See how it's doing, see its past price points, watch the graphs, and see if it's a good choice to invest in as an undervalued asset. 

Likewise, if you have coins in stay calm and hold. Relax. These losses aren't 'real' until you make it real. When you sell, you're deciding you have lost. I don't think anybody here believes this is the end of crypto, so why are you selling like it is? You know what's a good idea to do while you're not going to be selling for a while? Staking. Might as well get that extra crypto while you're sitting on it!

EDIT: Selling at a loss is almost never the answer. Unless the currency or stock you are in is bleeding from bad fundamentals or going out of business, it's silly to take a loss in a bear market unless you think that specific asset is not going to recover.

Also keep in mind that every Bull Market is followed by a Bear Market. This is a natural thing that happens within stocks, assets, and items of value, and it's exactly why many people recommend holding long term, because you will dodge these general ups and downs that come with supply and demand both waning and then waxing.  You will dodge over valuation, AND under valuation. You will avoid market manipulation, such as induced crashes, sells, bull and bear traps, etc. etc. You can just sit back and relax.

This is a cycle. You just have to wait long enough for the next cycle. That MIGHT be a while, but I personally have a feeling that we'll be seeing the next part of the cycle sooner rather than later.

Thanks for hearing out my thoughts! I will have a post about Cryptocurrency general advice coming out tomorrow which I will link here then!