WHAT HAPPENED TODAY? WHY DID THE MARKET DROP SO MUCH?
I’m going to keep this simple and straightforward... You saw that a new ATH was formed in BTC right? Well, instead of just watching those spectacles, you need to know that when this happens many will take profits because everything has risen a lot... And then what comes? Wait for the drop and the floor to buy again and repeat the process.. remember, SELL HIGH and BUY LOW..!
NOW WHAT'S COMING?
Equalization, all will level the losses, then drop a little more and there after days is when they take range, at the same time many take positions many times in advance, others at the exact time...
WHAT SHOULD WE DO?
1. Never put in your 100%, you should always have a reserve of at least 20 to 30% of your portfolio in stable tokens to buy low.
2. If you took profits, deduct a percentage for your savings fund and the rest aimed at covering your losses on the way down.
3. You should take profits on the rise, between 20 to 30% is ideal and then in small segments of 5%. We would always like to reach the peak at 100%, but any climber on the way up can drag us down if they fall and we are left just watching how we go down..
Review your strategy and working thesis and take advantage of these lows for replenishment and take control..
If you keep it locked what happens?? It is the risk taken, if your thesis is correct let it flow and go all in.
A thousand successes to everyone.
