Crypto Cash Course - Market Crash Lessons Learned
In this episode we talk about lessons learned from the recent crypto market crash and how you can be more prepared for the next one.
We Chat About:
- What happens during a crash
- Why you should take note
- How to come up with a plan for when it happens again (and it will)
Market crashes are inevitable and will almost certainly happen again. So what did you learn from this one?
Were you scared?
Did you panic sell?
Did you know where all your coins were?
Did you have a 'fire drill' plan to get out, convert to fiat, or ride it out?
Did you have money ready to buy when the market dipped?
Listen in on this episode for some friendly advice on how to handle the inevitable crypto crashes with nerves of steel.
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
A great hedge against having your crypto/money stuck on a centralized exchange when you really need access is to use a DECENTRALIZED (DEX) exchange like Bitshares. Bitshares is a bit of a secret weapon in my crypto arsenal and we will do a whole episode on it soon.
In the meantime, if you want to set up a free account and have a look around just click the link below.
Links Mentioned In The Show
- School Of Crypto Facebook Group
- Episode 1 - What Is Bitcoin?
- 12 Coins Breakdown
- BlockFolio app
- Delta app
- Episode 07 - Alt Coin Evaluation
- Episode 09 - 2017 Year In Review
- Bitshares DEX
Buy Your Altcoins Here