Information for my copy traders!
Everyone who was waiting for the rise of cryptocurrencies is thrilled today. #BTC surpassed $100,000, and #ETH rose from $1800 to $2150 in one day. Many altcoins, after several days of decline, began to surge in price. Joy, excitement, and a passion for risk are returning to the market.
I can't help but say a few words about this.
It wasn't #TRUMP that caused this price increase. There was simply liquidity from the People's Bank of China. Such growth won't last long.
Therefore, I will gradually exit my purchases and lock in profits. Those who hold onto their trades may lose paper profits and find themselves in a drawdown again.
Earlier, I wrote that Bitcoin could update its maximum. But it is essential to understand that there isn't enough money for everyone. There are dozens of ways to lose capital in trading, from using leverage to human emotions like fear and greed.
So, it's not worth relaxing and drawing far-reaching conclusions from the current situation.
Something similar could always happen #om or #memefi
ps Don't invest in copy trading until you read ИНСТРУКЦИЮ!