I Warned Traders to Stay Cautious Before the Crash
Before the recent market downturn, I urged crypto traders to remain cautious, recognizing the strong correlation between traditional markets and digital assets. On February 21, the U.S. stock market experienced a sharp decline, its worst trading day of the year. Anticipating potential spillover effects in crypto, I advised traders to wait until the market reopened on February 24 before making any major decisions.
This approach turned out to be the right call, as increased volatility followed. In times of uncertainty, I believe patience and proper risk management are crucial for navigating the market effectively.
