Don’t blow all your money on this dip – it can get much worse.

I first invested in crypto during the 2017 bull run, and I wanted to pass on a lesson I learned the hard way. When the market crashed in early 2018, my immediate response was to buy the dip because I wanted to DCA and recoup my losses. Then the market dipped again and I bought the dip again…then again…then again…then again…you get the picture. By chasing every single dip, I broke the golden rule of crypto – never invest more than you can afford to lose. I financially struggled for a while because of the position I stupidly put myself in.

Have a game plan, space out your money, and be patient. Every time I bought the dip, I thought “Wow, these prices are insane! It can’t get much lower than this.” Well yes, it can go much, much lower.