#BinanceEarnYieldArena
$BTC
Why you shouldn't DCA right now!
The trade war initiated by the US has just begun.
Let's not even talk about small countries like Vietnam, Laos, ...
Trump imposed tariffs on the world's number one, which is China, and the big brother China just responded dramatically by increasing tariffs and halting raw material exports.
Immediately after, Trump got angry with the announcement on Trust Social that he was canceling meetings with China and further increasing tariffs on imported goods. There will be more to come!
There is a lot of good news in the market, but most stable coins are being closely watched due to underground transactions between countries like Russia, the Middle East, Vietnam,...
However, just one news related to taxes can crush the market again.
Looking at the current context, there is no good news related to taxes.
There will be no pie for Alt coins in the near future.
The decline yesterday has somewhat slowed down and BTC recovered from 74k to 80k this morning, but I guess it will drop again when the US market opens.
So, don't listen to those KOLs yelling DCA; they probably have been inviting from months ago, and now the chances are still high that it’s going down.
I have also spent money participating in some paid groups; some groups are silent, some the admin left halfway, some played tricks and then abandoned the channel. The rest are just shouting to lure WLD, PI, ...
Conclusion:
As long as you don't see signs of Trump backing down, don't buy anything; the bottom will still be deeper, and the ratio of buyers making a profit on BTC is still high.