The market is red, my PnL is minus!!! Keep calm, it's normal for the market to make correction, and don't be afraid It's time to take a chance, Don't be A fomo and buy when the market is high
Now is a good time to buy, or average down Watch the market, wait for the moment when the decline stops and buy immediately, be careful of false breakouts, it is better to miss a few percent for certainty
How to get more profits in today's conditions... This method only works if you have a very strong belief in $ETH
As we know in the crypto world prices depend on attention and prejudice, and now ETH has attention and waits for prejudice
And we know, side (supporting) coins have high volatility because the market cap is small, So if only a little money comes in, the price will go to the moon ,
Under such conditions, we can see that the increase in eth has a big impact on the increase in eth side coins such as $ENS and $ETHFI
So if we have great confidence in ETH, we can rely on eth side coins to get more profits Manage risks, according to self-confidence
And don't forget, if eth falls, its side coins will fall further, which is why a strong belief in eth is needed
It make sense that 73k is the #ATH for $BTC this halving?
Some time ago when bitcoin moved down from All Time High (ATH) 73k to 56k in a few weeks, many people were doubtful about bitcoin
And now that bitcoin is quickly climbing back to 70k, many people are left behind and regretting it
But
Actually if we look at the previous ATH it was at 69k, imagine after a few years with inflation and so on, does it make sense that 73k is the ATH for bitcoin this halving?
Even if we take inflation into account, bitcoin is still far from its ATH. It's just a bad joke if someone thinks bitcoin will not make a new ATH.
But many people have doubts, so we will take the opportunity.
So what we need to prepare is our money to act, wait for the opportunity and enter at a decent price.
Those who believe will get blessings, right?
Reminding you, this article is not financial advice and is just a personal opinion.
Everyone is waiting for the results tonight, whether the $ETH ETF will be approved or not, if yes we will see a new ALL TIME HIGH, if not we will experience quite a big drop like before.
BUT
I believe $ETH ETF will be approved, sooner or later, don't take big risks by rushing to buy, wait for the time, monitor and follow the trend
As we know, the crypto world is a world of attention and prejudice, now that eth ether has received attention, As we have seen big increases occurred in coins related to ether such as $ENS we need to wait for prejudice, whether good or bad
There is no harm in cutting 5% profits because you are waiting for a trend rather than starting to buy first and regretting it later
By the way, after this period, the alt coin season will come, and of course ether will rise significantly, so whatever the choice, they all have positive sides, What is certain is to prepare your money for action
So if you are a mentally strong person, I suggest buying it now and do DCA, because I think the original price of ether will be much greater in the future The patient method is full of suffering for those who do not have a strong mentality
Don't forget this is just an opinion, not financial advice, DYOR #Ethereum #ENS