Staying with your narrative is hard. 🥹
Crashes are part of the market:
- I was expecting a $52,000 bottom for $BTC, but it already hit $49,000.
- Some people are saying $30,000 is nearly impossible.
- $49,000 could be the final call, or we might go as low as $43,000.
Key things to remember:- Every time after a halving, we’ve seen similar events causing massive dumps. - Global wars - Market news - Geopolitical events- Every time we heard "crypto is dead," it bounced back to new highs.My approach:-
I had perfect opportunities to short but didn’t. - For educational purposes, I followed the narrative. - Focusing on the power of holding your positions with risk management.-
As far as spot trading is concerned, I’m still okay: - I started buying back in 2023. - Some positions are back to entry levels. - Some are still above my buying prices.Important advice:- You have to hold your spot positions.-
If you booked losses in futures, don’t make the same mistake with your spot trades.- Everything will come back.
- Just go and watch the weekly candles for Bitcoin. - You’ll realize this is not the first time. Just hold on.I will shortly write another post on what coins you can accumulate right now.
Stay tuned!
