Market Watch: Strategy is Everything!
If you haven’t bought yet, know that the market is getting hotter and hotter. Buying now can be risky, because any wrong move can lead to significant financial losses.
Many people make the mistake of waiting for the price to rise to get in, but this is an invitation to lose money. If you buy on the rise, the risk of getting in at the top is very high, and when the market corrects, losses are inevitable.
Another common mistake is to hold on too long, expecting bigger profits. Sometimes the initial return seems small — you think: “I’m only going to make a $20 profit? I’d better hold it longer.” And then the market turns against you, and that small profit turns into a loss of $100 or more.
If you’re investing now, be even more cautious with altcoins. These assets are extremely volatile. When the price rises, don’t hesitate: take the profit. Don't fall into the trap of expecting absurd gains, because the market can turn quickly, as happened to me in 2021, when I saw my asset melt before my eyes.
Have a clear strategy, control your greed and always operate with caution. Remember: in the crypto market, patience and planning are the most important.
If you are just starting out, bet on Bitcoin first. Keep 80% of it in your portfolio, 20% for fun, almost no one talks about this and passes it on.
Today I organized the house, sold what made a profit, sold what I thought would not work, my portfolio is this 80% BTC 20% crazy.