Don't sleep too much after an investment.
Okay ladies and gentlemen. Let me share my thoughts about my experience in the last bull and the bear market from 2021 nov to 2023.
And yes I am still here. Accepted the disillusionment and still here.
1. if you think crypto is like Gold and real estate, get out of this market right now. You will surely incur loses beyond imagination.
2. If you love gambling You are not a trader and you don't have a life. I can't advise you to get out because you are here for addiction.
Now, if you really want to invest keep watching the $BTC chart.
keep in mind the bottom is confirmed usually when the price has touched the cycle lowest for at least 3rd time and bounced right back up. It's a confirm bottom, usually. I can't guarantee a black swan event. WATCH ur charts.
If USD strength falls, crypto rises. so watch dollar strength chart on tradingview.
The watch Nasdaq and other share market, btc jumps when traditional markets experiences all time high.
If you want to invest always invest when btc confirmed bear market bottom (micro and macro). Don't trust micro bottom, it can be fake. Trust macro cycle bottom. That is when people start to run away and whales enter the pool. Buy when the fear and greed index shows a reading 15 or less.
Don't go all in. Learn to DCA and buy massive dips in bear market. Believe me in a bear market prices always revisit lows.
In a bear market keep investing slowly, DCA. This is when you will be able to have a good night sleep.
never buy if the dip less than 15 percent (btc price, not alt coin price).
and then wait for btc price All time high. then wait another 10 to 20 days and sell for profit.
Selling : if don't want to sell then don't expect to make profit.
When ur investment doubles take out your investment and let the rest of the money ride bullish wave.
Get in the market when there is a massive correction. don't let you principal investment be at risk anytime anywhere.
That's it for today. I am a very poor retail investor. So, I am writing for people like me.
