Those attached to their currencies and patient since Black December

First, like you, I made mistakes in my investment portfolio, but I share with you what I learned from this experience:

1. Timing the purchase is very important

If you want to invest, only buy at the lows or during Bear Market periods.

For example:

December was a low on the larger time frames.

But it was a peak on the daily time frame.

Our entry into investment at that time was a mistake because all indicators (total, Bitcoin, dominance) were at resistances, and at any moment the price could reverse.

Our entry was driven by FOMO and not technical analysis.

Not exiting with a 10% loss was also a mistake.

The reason is that every 10% drop requires a subsequent 20% rise to compensate.

And when the loss reaches 50%, you will need a 100% rise to return to the entry point.

The greater the loss, the greater the suffering.

3. Rules of entry and exit

If the currency gives a negative signal, do not hesitate to exit.

If it later returns and gives a positive pattern, there is no harm in entering again.

The important thing is that your decision is based on technical analysis, not on randomness or just the appearance of a green candle.

Even the exit should be due to a clear technical reason.

Advice:

After all this patience, God willing, He will reward us.

Do not worry, the market will rise again and reach the peaks of December, and there you will take your profits.

This market teaches lessons to the fool who does not learn, but we have learned from our mistakes.

$ETH