Hi folks,

Its a long time since my last post and we are now in a bear market and many investors especially those who have entered into crypto only from Jan18 would have found their portfolio to be reduced significantly.I think these are critical times and beneficial for the digital markets, as it help differentiate:

The good projects from the mediocre and scam projects

It also ensure ico funded teams can focus more on technology development rather than price hype and speculations.

As a personal investor, these are my plans during the bear market:

1. Ignore the market and check your portfolio in 6 months time.

For those who do not wish to put in more capital into crypto, rather than selling at a loss, I would strongly advise to check the portfolio in 6mths time. Although the coinmarketcap has reduced from USD800bn (Dec17) to USD300bn（Mar18) .This is still a 10x increase from Mar17 when the marketcap was only USD25bn. If you are a believer in blockchain technologies and its prospect, stay calm and be a long term investor

2. Scale your purchases if you are going to invest more

For those who wish to invest more, I would strongly recommend to scale the purchases. Based on the below graph for the last month, bitcoin has breached various support levels at USD11k,USD9.5k and USD8k over the last month. The next support is USD6k and if this is breached, we would likely see USD4k.

Honestly, I cant tell when is bitcoin bottoming but my view is USD6k and USD4k are very attractive prices for long term hold. My investment methodology if I were to invest would be to scale my purchases and set prices slightly above these support level hopefully to get some bitcoin on bargain.

3. Buy those ICO coins that you miss out

Over the last few months, there have been a rush of investors snatching ICOs into the market and the many sought after ICOs were sold out in less than an hour when opened to the general public.

Notwithstanding most have gone under or their prices have corrected significantly during this correction. Personally I think this is a good opportunity to stock up on good ICO coins especially for those which I have wanted to participate but do not have a chance to enter. In time of recovery, I am sure good ICOs are going to bounce up faster than BTC and ETH. Personally, I like ICO projects which has strong development team, moving into beta version and their code are transparent on github.

4. Sharpen the saw

Last but not least, if you are going to invest in crypto for long term. This bear market present itself a good time to sharpen the saw.

With less time paying attention to the daily price charts, reddit comments, telegram, coin marketcap website. The time can be allocated to spending more quality time on oneself and outside the cryptoworld with your loved ones.

If time is to be spent on crypto then spend them on improving your programming knowledge, going through github codes, networking and interacting more with cyrpto folks. These are all worthwhile investment in oneself and a bear market in crypto actually provide us the luxury of time to do so.