My Top 5 Tips for Handling a Crypto Crash

in #cryptocurrency7 years ago (edited)

]Hey guys. It's been a bloodbath these past few days, so I decided to do a video with 5 tricks for dealing with a crash like this.

The tips themselves are geared a bit more towards less experienced crypto traders, but we tried to mix in some entertaining stuff for everyone.

Watch more videos on my youtube channel here.

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When looking at the markets today, I saw this other color, not red. I googled it, an obviously it is called "green", but I don´t know what it means - maybe you can help? 🤔
(that being said, I prefer the fun parts of your videos - I simply love your humor and would like to see more fun videos instead of the educational stuff - but it´s just me and you have of course give the community what it needs most)

Hey Doug, what are you buying during this correction? Would love to hear more of your crypto picks!

My 5 tips for dealing with a crypto crash

  1. Smoke a joint
  2. Wish you allocated a bigger amount of fiat ready to spend on more crypto
  3. Watch some porn
  4. Wish you allocated more fiat to buy more damn crypto
  5. Complain and kick yourself in the @$$ for not allocating more fiat ready to buy more crypto

The crypto space may not have even reached the early part of the growth phase. New entries are coming fast and will continue. Developing critical mass will bring in legacy institutional players. Don’t believe the BS about volatility keeping them out. They pray on volatility, and love it.
The maturity phase is at least several years away, and most importantly, new advances and real technological breakthroughs are coming fast into this space. That is value creation.

lol 3. is for real to me. Almost daily since late January as cryptocurrency has dropped quite a bit. Thanks.

Damn you Doug... my Alexa was so confused thanks to you! 😉

All good tips and funny as always

You should do a podcast with @cryptobobby !

His first podcast should be with CryptoNick, just make sure to wear a bulletproof vest. Dangerous folks in crypto.

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That would be great

"I don't want to wake up".

This is how I feel right now.
turns to the corner
whispers to himself (it's going to be OK. Just hodl)
Tear runs down cheek...

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Buy on the dip! Even that it's currently the longest correction phase ... And I think it's still not over

Always entertaining as usual, i love you doug