There are many methods for keeping your purchasing power, but averaging down is one of the best. I've been advising people to buy cryptocurrency in portions and in stages rather than all at once, and I still stand by that advice. If you did, you have unquestionably kept your average up to this point. Since my average is now $0.35 and I've cut down on my loss, this strategy has consistently been successful.

THE BEAR MARKET IS THE BEST TIME TO PURCHASE THE DIP AND KEEP YOUR BUYING AVERAGE.

Every crypto enthusiast is aware that the bearish market is continuing and that all altcoins are in a downward trend. Hive, which was worth around $1 a year ago, is now worth $0.28. This is an excellent time to average your favourite coin, such as HIVE, and I intend to use this strategy to lower my average. Bear markets are among the best times to lower your average and keep buying.

One of the best strategies I've tried myself, and I continue to profit from it. The strategy is to buy at every dip and divide your money so that you can buy at every cent. What I did was start buying at $1 and keep buying at 2 cent dips. My first purchase was $1, followed by $0.98, 0.96, and so on until I reached $0.5.

When I buy these levels, I place a bid buy sell on 2 cents up. As an example, I bought at $0.5 and am now bidding at $0.52 and will continue to do so. This has the significant advantage of increasing your USDT or HIVE quantity. By doing so and implementing the strategy, you will earn a good and secure income.

If a large drop occurs and you have stuck with your strategy, it is best to wait for the market to stabilise. If you find market stability, it is now time to buy at a 2 cent difference, and the price difference is also dependent on your money. Overall, it has many advantages because you will continue to average down your value and also book profit as time passes.

LONG-TERM INVESTORS SHOULD USE AN AVERAGING STRATEGY.

This strategy is suitable for all types of investors, but I prefer long-term holders. Averaging is much better for the long term, but I would not recommend it for day traders because it results in a loss in the short term. Also, keep in mind that when the market's trend shifts from bear to bull, it is better to wait rather than sell.

As a result, now is the best time to average your favourite coin, and you will reap the benefits once the market rebounds. By doing so, you will always end up with a profit, and you will obviously book a large profit. I'm going to average my HIVE until $0.2, and I believe this is the final price and will not drop any further. Because investors will never let this rate slip and will rush to buy, pushing the price higher.

I hope this post is interesting and useful to many people. If you find the post informative, please reblog it so that it reaches as many people as possible and that they can benefit the most. Also, remember to upvote, which will help me financially and grow my account. Please feel free to ask any questions you have about the subject, and I will do my best to answer them.

• NOTE: PICTURES ARE TAKEN FROM CANVA AND EDITED IN CANVA.

DISCLAIMER

Please keep in mind that I am not a financial advisor. Never, ever take anything I say as financial advice. Conduct your own research. Before making any investment decisions, consult with a professional investment advisor! My posts are strictly for entertainment purposes!

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