◀️ Unfortunately, the continuous bad news and events in the world have a significant impact on the recovery of the cryptocurrency market; and they cause a considerable disruption to the "bull run".
◀️ Therefore, the biggest mistake now is to hold onto currencies during the current highs, thinking they will reach peak heights and lead to profit-taking and achieving the desired wealth!
🔄 The correction of the mistake is the strategy of taking profits before the drop and quick correction, and then reinvesting during the drop by buying and repeating. An example of this is the major market rise with news of the temporary US-China agreement and the announcement of the US market inflation rate, etc.
⏸️ Most traders thought, especially with Ethereum $ETH surpassing the $2,870 barrier and $BTC exceeding the $110,000 barrier, that the bull run had started; and they held on until they missed the profit-taking train, only for the market to crash again on top of them!
🛑 Do not make the same mistake again and deprive your wallets of their interim profits, as it is the most successful strategy for this crazy year.
#TrumpTariffs #pullback