Once again, history seemed poised to repeat itself as I found myself making a familiar mistake. I purchased Ethereum $ETH at $3900, only to witness a subsequent market dump. Frustratingly, I found myself stuck in a situation where recognizing the loss was difficult, leading me to hold onto my investment in hopes of a recovery.
Fortunately, Bitcoin $BTC performed well during this time, allowing me to sell it and use the proceeds to dollar-cost average (DCA) into ETH at a lower price point of $3050. Eventually, I managed to sell it off at $3500, salvaging some of my losses.
However, just when I thought I had managed to navigate the situation, ETH experienced another dip. Feeling cautious yet hopeful, I decided to buy a small amount, anticipating further market movements.
My attention shifted to Bitcoin, with a keen interest in its price potentially dropping below $59k, especially in anticipation of what might unfold after the halving event.
In summary, my recent trading journey has been marked by ups and downs, lessons learned, and a cautious optimism for future market developments.
