very night before I had been looking at things and thinking sell everything just for tonight, a dip is coming... ... But I didn't, mainly because up until now, my main strategy has been to HODL.Man... @milano1113 basically said everything I wanted to say and more, lol. So let me instead go with some personal experience. As usual, when I woke up and saw my holding had gone from -10% to -23% (from their all-time high), my heart felt like lead in my chest. Especially since the
But I think a new strategy is in order... I'm going to wait now until I get back to my all-time high point, and then wait a bit more, depending on the market. I'm then going to take half of my investment and sell back to BTC. (I never try playing BTC to cash and back... I should have, back in December, but now I feel it'll be rising in the long term for some time). The other half, I'll redistribute with my favourite alts and stick them into cold storage as long-term investments.
I'll then take that BTC and trade more actively with it, ideally trying to make 3-5% every day. When it is doubled, I'll take 25% of that and buy more alts as investments, and then try double the remaining 75% again.
And STEEM... I'm not worried about it at all. With only 60-70000 active users, we're still in very early adoption stage. And it will steadily get harder and harder to mint Steem, slowly increasing it's price, so I never touch mine. It all goes into SteemPower.