A log chart speaks louder than a thousand words.
The historic chart shows us that 30% even 40% corrections are expected in bitcoin even in a bull market.
That's why we don't FOMO in. Institutional investors want all the weak hands to sell their bitcoin while they keep accumulating.
PRO TIPS:
Don't FOMO in ( there will always be new opportunities in the crypto market )
Don't get into margin trading unless you really know what you're doing, or unless you want to gamble.
Don't trade your bitcoin for shitcoins.
Invest what you can afford to lose.
The best strategy for everyone wanting to get into BTC is Dollar-cost average: for example ( you have 20.000 to invest ) don't drop it all in your first btc purchase, divide your 20.000 into 5 parts and buy the dips. Another example could be to buy 500 worth of BTC every month.
Look for Dollar-cost averaging online and educate yourself.
BONUS TIP: Don't trade your BTC for a Lambo when it hits 100k.
Happy Mooning.
The historic chart shows us that 30% even 40% corrections are expected in bitcoin even in a bull market.
That's why we don't FOMO in. Institutional investors want all the weak hands to sell their bitcoin while they keep accumulating.
PRO TIPS:
Don't FOMO in ( there will always be new opportunities in the crypto market )
Don't get into margin trading unless you really know what you're doing, or unless you want to gamble.
Don't trade your bitcoin for shitcoins.
Invest what you can afford to lose.
The best strategy for everyone wanting to get into BTC is Dollar-cost average: for example ( you have 20.000 to invest ) don't drop it all in your first btc purchase, divide your 20.000 into 5 parts and buy the dips. Another example could be to buy 500 worth of BTC every month.
Look for Dollar-cost averaging online and educate yourself.
BONUS TIP: Don't trade your BTC for a Lambo when it hits 100k.
Happy Mooning.