Major crypto crash today, all my holdings are way down, and SBD is way down...but I've decided to ignore it and actually accumulate larger positions in all the cryptos I hold.
I am no better at predicting specific price movements than anyone else, and I have no predictions. However, at this point i still believe in the "concept" of what's going on here, and so I am considering this an opportunity to buy more at lower prices. If you take this approach, the view is that "everything is on sale" right now, and there will be even bigger gains to have in the future.
I AM NOT randomly and possibly irrationally saying "prices will go up forever!" I don't know that and don't have the technical knowledge to make that case from a technical perspective. However, at this PARTICULAR time, I am going to buy more and HODL.
Thoughts from others?