Open your mind and read‼️‼️
Only a few months ago people people were saying $BNB will go to 0.
People were saying the company will collapse. And all users will suffer.
They were saying take your money off binance to protect yourself.
That turned out to be one of the best buying opportunities.
The token at that time was around 200$
From there we are up 250%. And the price will continue to go higher.
Most people sold. They bought back in higher.
Now bnb just hit a new ATH and EVERYONE IS BULLISH. Even those who are saying it is going to 0 are now saying it will go to 50000000$ 😂
what is the lesson?
Reacting to FUD gets you nowhere.
Instead of reacting to FUD. Use it as a tool. Do your own research and buy cautiously.
The stronger the FUD. The better your postion may be.
The same thing happened with solana when it was 7$. Now its 160ish.
No one cares if u bought $SOL at 7$, 10, or 20$. In the end you made a good trade. You made a good decision regardless of the FUD.
No one cares if u bought bnb at 220, 240 or 270. In the end you made a good trade. You made a good decision regardless of the FUD.
DCA is always best. Dont wait for the best price to enter.
Yes your position could end up -20% or even -50% but what is that compared to a gain of 300-1500%? You only lose if you sell.
Now, the people who sold at the bottom are buying at the top. Dont be like them
This is for educational purposes. This is not financial advice.
The bull cycle is short to follow the wrong people. Stop making avoidable mistakes.
Happy trading to everyone.