๐จ Watch Out for Influencer Hype! ๐จ
Many influencers are pushing the message: "Don't sell; it's just a dip. Selling now means you're weak." Theyโre facing big losses and using their platforms to influence buying decisions. Remember, theyโve recommended buying Bitcoin at $72,000, then $70,000, then $68,000, and now itโs dropped to $58,000. This pattern is all too familiar.
Key Takeaway:
- Donโt follow the herd blindly. Trust your own research (DYOR) and develop a strategy that works for you.
- Influencers who bought in before the major uptrend might still be profitable despite the downturn.
- Plan your entries and exits in advance and avoid falling into FOMO.
Stay smart and trade wisely! ๐
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