My first time seeing F&G index at 9

https://alternative.me/crypto/fear-and-greed-index/

Welp, we did it. If this isn't winter, I don't know what is. I'm now DCA'ing into coins at or below the price I did a year ago. In no particular order, some ruminations on this fine and sunny Saturday morning:

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• Take emotion out. 2 (non-damaging) ways of doing this - DCA & time. It's like getting on a rollercoaster - the first time you're scared shitless, but you soon acclimate and instead of being afraid on the slow rise up, you think "well this is nice and relaxing, here comes the big ol dip".
• The separation of crypto and fiat cannot be overstated in times like this. Gains and losses mean nothing until conversion, which is why the HODL mentality is so powerful.
• Some projects just flat out die. There's no guarantee that yours will survive. This is something you can in fact plan for and diversify. Nothing is immune to permadeath except maybe BTC and ETH (fwiw my BTC and ETH holdings are actually a small % of my portfolio - I like to live dangerously).
• Vetting projects is something that takes a lot of time, during which you may miss opportunities (or alternatively, save yourself). What I found that works for me is after some baseline vetting, I invest a small amount (skin in the game/motivation) and then as time goes by I do more research and decide if I want to increase my position.
• FFS have a fiat backup plan. Build up BOTH banks simultaneously.

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Have a nice weekend everyone and stick to your plan - this is the only guaranteed way of increasing your chances of success.