I've seen post made about the dropping prices of Bitcoin and some Steemians showing their portfolio and decreasing total value of individual asset value.

Inconclusive correction

At the moment, when I have checked the charts, it's currently at a risky overbought territory. Still waiting for a clear signal that it is moving into correction territory.

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I have two strategies.

Strategy number 1

If you believe the future of Bitcoins, just keep investing into Bitcoins even if it's in correction or prices have moved down. The price will eventually balance out.

Only invest in the biggest Cryptos if possible. There are a lot of investors. At the moment, I can see that the prices won't fall to the previous lows of 4k. It may hover around 7 k plus before moving back up. Either sell or just hold and don't look at the price for the next few years.

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Weapon number 2

Defend. Just play safe. If Btc does hit 7k, it may be a signal of correction or just a momentary sideways movement. Not yet confirmed which direction its going. I will become a turtle and play it safe. Swapping to stablecoins to maintain the price of my assets. So when all cryptos drop and everyone is in panic mode, my beast mode comes out and buy back Btc at a cheaper price.

Go Google

Stablecoin

Coins backed by assets that peg to certain amounts. It is boring but it keeps us safe from price fluctuations.

Warren Buffet strategy, run when everyone is greedy and be greedy when everyone is in a panic mode.

These are my own strategies, you can use them if u want but at your own risk. My advice is that don't fear but learn. Learn to look at the market conditions and face it. Know the behaviors of humans. Have a plan. A good plan is a buffer from making bad decisions.

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