So the market is dropping…

Why?!

There maybe no observable reason, or it may be plain as day, but either way it’s stings.

Moves you make during these times are up to you, but remember any actions you take now should have thought and logic behind them not fear and emotions.

Not financial advice Beyond this point there will be some ideas that in no way are financial advice, just collection of what I’ve heard people say and do during these times. Follow one or all at your own risk.

You should be buying when blood is in the water, be a shark not the person bleeding out.

An NFT that was 100A yesterday when Algo was at 1.00 USDC was $100. Market dropped is doing you a favor, with Algo at .85 USDC that NFT is on sale for $85.

Up your NFT prices to prevent loss if you plan to use that liquidity during a downturn. Keep your NFT prices the same to take advantage of the people buying now if can hold that Algo long term. Sell something for 50A to get rid of it now, but in a few month when, the market is back up and Algo returns to you’ll have made a better profit.

Buy Algo NOW, because you shouldn’t compare it to the dollar once it’s bought, but you should definitely buy it on the cheap.

This is the time to bring in more money IF you believe in the currency, apps, support, community, products, AND potential. If you have doubts about any of those, nows the time to do your research.

Look at the projects and development being done in the space during this time, if there is weakness now or they seem hesitant, there worthless drop them. This is the time to make moves and prove your worth. Now should be about showing strength and taking advantage of positioning yourself if you are in Algorand and the community for the long haul. Those who freeze or pull back are short sighted, here for the profit, or not going to make it during tough times and will be poor long term investments.