IMO, the market hasn't hit rock bottom yet, so buying the dip might be premature. The recent 110k BTC ATH is likely fueled by hype that needs to be corrected, and with ongoing war tensions unresolved, more downturns are likely.
If you're determined to trade for a living, consider these precautions:
- Use only 10% of your portfolio
- Keep leverage below 5x
This strategy gives you room to average up and exit if the market recovers."
Look, the situation can be exploited by whales easily and quickly than you think.
If any Altcoin is raising without BTC or ETH or not project news, it is likely a FAKEOUT!!