How to Benefit when the Crypto Market is Down (While Also Helping Others) 💗
If you've been following the cryptocurrency markets, you know it's been a particularly crazy couple of weeks.
As of this writing, Bitcoin is back down to below $38,000 USD, and ETH is just above $2,300.
And then within the world of pop culture (or whatever) this past weekend, notorious grifter and early-aughts-hair-plugs-receiver Elon Musk hosted SNL, gratuitously promoting a joke cryptocurrency that he did not create.
Here he again is pre-transplant with his Paypal co-founder Peter Thiel, who has published work questioning the wisdom of women's suffrage and the very conceptual possibility of date rape.
But I'm not here to mock deeply problematic and terminally uncool white cishet male billionaires (at least, that's not my primary goal).
Rather, I wanted to make sure you're aware that when the market has what's called a 'pullback' (aka when prices dip in a longer term upward trend), as appears to be the case right now, it can be the best time to buy.
Have you heard of Dollar Cost Averaging (aka DCA)? Though referring to it as Fiat Cost Averaging would be more appropriate for our international community as we're trading crypto, the idea remains the same.
DCA is a strategy that aims to reduce the impact of price volatility by making trades at certain, often set intervals - say once a month.
For example, maybe you can afford to invest $100 a month in crypto, and you want to set up an automatic purchase for the day after you get your paycheck.
Through Seeds, you can set up monthly recurring giving, which functions just like DCA, except that as you receive SEEDS cryptocurrency in thanks, 100% of your gift amount (minus third party transaction fees) will go to someone in need.
We offer bonuses for recurring givers as well.
Pullbacks truly can be great opportunities to build abundance for yourself. And when you choose to do so through recurring giving, you can simultaneously bring abundance to others. 💗
Warmly,
Rachel