Stay calm, the current market situation is perfectly normal.
Hello everyone,
As you may have noticed, there's a general downturn in the market, particularly affecting BTC, with other markets following suit. There are two main reasons for this today.
Firstly, tensions between Iran and Israel have led many investors to sell their assets, especially in the Middle East. Additionally, the upcoming Bitcoin halving event is contributing to market volatility. Historically, Bitcoin has seen drops of 25-40% before halving, followed by surges and eventual all-time highs afterward. So, if you already hold coins, refrain from selling. Instead, wait for the surge post-halving. Things should stabilize afterward, and we can anticipate a rise in all coins (with exceptions, naturally). Therefore, stay calm and patient.
If you're considering investment, now might be an opportune moment. However, remember in spot trading, patience is crucial, and never sell at a loss. Hold, wait, buy the dips, and sell for profit. That's the essence of spot trading.
Stay resilient and safe.
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