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Make it or break it?
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Market conditions like this is what makes and breaks people. Regardless what you are watching ( stocks or crypto) it’s a sea of red out there but it’s times like these where the rich get richer. Use this opportunity for a couple of things. We had an insane run up across the board in 2021 so it’s fully expected for people to use this as an opportunity to take profits in a new tax year. Granted the feds guidance and poor earnings are what caused the stocks decline to begin.

  1. Average down your cost in investments that you bought at prices.
  2. Buying opportunity for projects or stocks you’ve been looking to enter positions in at a much lower price.
  3. Unplug and step away from watching your long term investments. What’s the point of stressing over something you’re not going to sell for a while anyways?
  4. Go do research on past market sell offs to see what patterns have emerged. The trend is your friend and you will have a better idea of what to prepare for.
  5. Be patient.

At the end of the day always do what’s best for you and your money. But there’s a reason so few people ever hit it big. It’s times like this that can set you apart. 🚀

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2 years ago