Sirwin
Sirwin
storm_coming

Has it finally come?

By rah | rah | 22 Feb 2021


This is a short post, intended to be reassuring. Been predicting this since early January, but has the storm finally arrived?

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This is just a sample taken from my Coinbase Homepage a few minutes ago and the question is how far will it fall? We saw a few wobbles in January but then the market recovered and surged to unprecedented new heights.

What should you do?

If you haven't done what I did in anticipation - shift most assets to stablecoin - do not fear all is not lost.

You can

  • hodl the hell out of it and just wait it out - it will come back bigger and better, but this could be a long wait especially if you are impatient. Cosmos took FIVE months.
  • shift to stablecoin and consolidate and try to leverage growth in how much you hold as the downturn continues - this is risky - it might just bounce back.

The choice is yours, but if it burns the scars will heal and you will learn from the experience.

I did at my cost.

Take care and stay safe and well.

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rah
rah

I love reading and technology as well as history. I teach English and Business to professional clients as well as soft skills with a focus on communications. I am a big fan of both Sheffield Wednesday and Lincoln City Football clubs


rah
rah

Experienced Business Owner and Coach and Tutor who now trades in Crypto. It is proving to be an interesting journey with so much technical language involved. Follow me as I learn the trade (and how to trade). Made some howling mistakes to begin with, but still learning and will share what I learn as I learn it for the benefit of the community. - RAH

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