If you are young, this crash could be the best thing to ever happen to you.

We've all lost money, some more than most. I remember during the second peak of this last run I felt like a fucking genius with a portfolio well into the six figure range. Now, between CRO and UST doing what they did plus the general market conditions being what they are, let's just say my YTD losses exceed my annual salary.

BUT, and this is a big, thicc ass but, all is not lost. If you, like me, are relatively young and have another couple decades of investing before it's time to retire, this is that once-in-a-fucking-lifetime opportunity everyone wishes they had. This is the 2008 housing market crash where millionaires were made, but for crypto.

Here's the gameplan I'm following, and the one I encourage you all to follow as well.

First: consolidate your alt coins into Bitcoin. It's going down, but it's going down slower than everything else and it's clearly a better bet than any stablecoin at this point. For this example, ETH is not an alt, it's just blue chip number 2.

Second: stop your DCA and stack cash. I know this advise goes against most conventional wisdom but let's be real, until the bleeding stops you're losing more value buying any asset than you are to inflation. Enjoy your 0.001% APY while your portfolio dips -5% on the daily.

Third: wait for a sustained sideways move. You aren't going to catch the bottom so don't bother trying. Just wait for the bleeding to stop and for BTC to have a green week or two. Once the bottom is behind us and we start seeing some upwards momentum is when you deploy that stack of cash to Bitcoin and maybe a little ETH as well

Fourth: now that your cash has been deployed and your Bitcoin is your biggest holding you can start to dabble in a couple of alt coins. Not too many but pick a couple that look like winners and do a little dabble.

Fifth: DCA all day. Bitcoin first, Ethereum second, Bitcoin again in third, and then other things come last.

Best of luck out there.

EDIT: just lost $700 shorting SHIB. Don't be clever thinking you know what's going to happen. Just exit or hold your positions. Fuck me I can't win can I?