USA said it wants to be the largest holder of btc, to achieve that it needs the market to drop as low as possible, storms are coming in BTC and the market.
CriptoGemas
--
Bearish
đ¨HOW NOT TO LOSE MONEY NOW âŚđ¨
"If #TRUMP is buying, I will too"
This is how the drama begins. Keep reading, because if you understand this, you will stop losing money in the market.
I can't help but find it a bit amusing when someone tells me:
âI buy because BlackRock has boughtâ âI buy because Trump bought itâ âI buy because my uncle's friend's cousin bought itâ
As if that automatically makes it profitable. Do you really think that information reaches you because youâre smart?
It reaches you because they wanted it to reach you. And on top of that, itâs incomplete. What you know is just the tip of the iceberg, what they wanted you to know. Nothing more. You donât know when or how much they really bought.
And above all, you donât know their intention or what liquidity they have. Nor what time preference they operate with.
Let me translate it for you:
They can withstand a -60% drop without flinching. You, at a -15%, are already in panic mode looking to sell âto buy back lowerâ (spoiler: you won't do it).
đ Institutional mindset â Retail mindset
Trump supposedly bought #ETH at $3,400.
And what happened?
Since then it has dropped by -50%. And you, who bought because "if Trump buys, how can I not buy?", are eating losses that you could have avoided.
MeanwhileâŚ
Who tells you that he wasnât selling you double what he bought of #Ethereum from another wallet?
You donât know. And youâre not going to know. Ever. You think youâre copying the smart ones, but in reality, you are being manipulated like everyone else.
Stay calm and always do DCA of #bitcoin , itâs one of the few things that will work in this market in the long run.
Remember, the market of #criptomonedas is the jungle.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
95,877.75
-0.67%
457
0
Explore the latest crypto news
âĄď¸ Be a part of the latests discussions in crypto