🛑📈 Stop Chasing Quick Profits: The Hidden Risks Every Crypto Trader Should Know!

I'm not dismissing the possibility of BTC reaching 70k or even exceeding expectations. However, my recommendation is to exercise caution, particularly this week, with the IMF meetings and BRICS summit on the horizon.

It would be wise to trade cautiously until next week, as the market will likely enter a consolidation phase with the upcoming U.S. elections, which could significantly influence its direction.

Instead of blindly following creators who urge you to open short or long positions for quick profits, take a more measured approach. Many of these individuals simply go with the flow, without any solid strategy. When the momentum fades, they are likely to experience significant losses.

That’s why it’s essential not to rely on them. The key is to conduct your own analysis, or, if needed, follow experienced traders who have demonstrated real skill. Poor decision-making can lead to disastrous outcomes.

#UptoberBTC70K? #uselections #BinanceLabsInvestsLombard #USRetailSalesBoost #btc73k $BTC