#ETHRally related to their currencies and those who have been patient since the black December

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

1. The timing of 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 timeframes.

But it was a peak on the daily timeframe.

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 by technical analysis.

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

The reason is that every 10% drop needs 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. Entry and exit rules

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 randomness or just because a green candle appeared.

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

The advice:

After all this patience, God willing, God will compensate us.

Do not worry, the market will return to rise and reach the peaks of December, and then you will take your profits.

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

$ETH