I only have 42 dollars invested, which have already dropped to 33 dollars.
And if I had more money, I would buy more wld to take advantage of this price surge.
⏳ Time will prove me right.⏳
❌ Currently, I have unrealized losses of over 23,000 dollars across my entire cryptocurrency portfolio. Just in $WLD , the drop exceeds 14,000 dollars. These figures include both my own money and credits I have taken to invest, and still, it doesn't scare me.
It is true that the break of support at 0.96 USD was abrupt, but we must be very clear about one thing: the stock market is volatile, and even more so in cryptocurrencies. That’s why I always talk about the importance of doing DCA (dollar-cost averaging at different prices). In moments like these, that strategy makes a big difference.
Reaching above the resistance at 0.96 USD may seem difficult now, but everything will change when interest rates go down and the Federal Reserve resumes quantitative easing (printing money). Then we will see a recovery in the markets, and those unrealized losses will turn into significant gains.
At one point, I mentioned that after March we could see WLD above 6 dollars, and technically and fundamentally that was what was projected. However, recent news altered the natural course of the price, and what was supposed to be a rise ended up being a strong drop of 3 dollars. If it hadn’t been for that, we would probably already be above 6.
So, as I have said: time will take care of showing who was right.
And in moments like this, where everyone is afraid and many believe that everything will fall, is when real money is made.
"He who has ears to hear, let him hear."
❌ Currently, I have unrealized losses of over 23,000 dollars across my entire cryptocurrency portfolio. Just in $WLD , the drop exceeds 14,000 dollars. These figures include both my own money and credits I have taken to invest, and still, it doesn't scare me.
It is true that the break of support at 0.96 USD was abrupt, but we must be very clear about one thing: the stock market is volatile, and even more so in cryptocurrencies. That’s why I always talk about the importance of doing DCA (dollar-cost averaging at different prices). In moments like these, that strategy makes a big difference.
Reaching above the resistance at 0.96 USD may seem difficult now, but everything will change when interest rates go down and the Federal Reserve resumes quantitative easing (printing money). Then we will see a recovery in the markets, and those unrealized losses will turn into significant gains.
At one point, I mentioned that after March we could see WLD above 6 dollars, and technically and fundamentally that was what was projected. However, recent news altered the natural course of the price, and what was supposed to be a rise ended up being a strong drop of 3 dollars. If it hadn’t been for that, we would probably already be above 6.
So, as I have said: time will take care of showing who was right.
And in moments like this, where everyone is afraid and many believe that everything will fall, is when real money is made.
"He who has ears to hear, let him hear."
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
WLD
0.912
+1.67%