‎⚠️ Your loss is your responsibility; it is the result of your decisions. Own it as a man and learn from your mistakes.

‎🟡 The market did not respond significantly to the news of the war for a while. The decline with the news of ‫#thewar‬ was slight..

‎I was surprised by this matter..

‎But the impact has started to show now, and the current situation tells you that anything can happen. ‫#Bitcoin‬ may drop further.

‎Its decline drags down the other currencies more. However, the only important factor is these two words:

‎✅ "Risk Management"

‎You must have a plan for the decline scenario and a plan for the rise scenario.

——

‎📝 What is my plan, Mounis? What was (and still is) my plan?

‎1. Buy during the decline (then) sell after the rise, even if it is (a slight rise).

‎✅ I have been following this saying for more than 5 years:
‎(Profitable? Do you believe in your profits? Sell.. Don't be greedy!)

‎❌ And avoid this saying:
‎(Hold onto your investment positions, even if they go down to zero..)

——

‎2. And the most important of all this.. (Diversify your investments)..

‎I buy ‫#gold‬ (and I have talked about this point a lot) since the price of gold was $1600 per ounce. Where is gold now? Thank God, I am very profitable from buying it.

‎Will I sell ‫#gold‬? Yes, maybe yes maybe no. Depending on the current circumstances. After the news of the closure of ‫#Strait‬ ‫#ofHormuz‬ by Iran, I expect gold to rise further.