Fortunes are Made During Bear Markets

For all you out there hdoling and accumulating cryptocurrency and digital assets during what has become a depression, keep in mind fortunes are made during bear markets.

Those who had money during the Great Depression of 1929 were able to gobble up real estate and stocks and become wealthy.

Those who accumulated stocks during the Great Recession of 2009 have been heavily rewarded.

Those who have accumulated cryptocurrency during the "Crypto Winter" that began in 2018 will be rewarded.

Keep at it! This is an accumulation phase that will lead to wealth creation for thousands. Don't look back on this time of cheap cryptocurrency with regret. Average your cost down. Look at it like this:

Dollar cost averaging explanation and example:

https://www.investopedia.com/terms/d/dollarcostaveraging.asp

As you can see, averaging down your asset cost during accumulation in a bear market is key to building wealth.

Picture from Pixabay.