Hey everyone! Itās a big day in the crypto world! Bitcoin has hit a new all-time high of $75,000 after Trumpās presidential elected news. Very Exciting, right? But hereās the catch this is NOT the moment to rush in with fear of missing out (FOMO)!
With 5+ years of experience in trading, Iāve seen these market cycles play out many times. Hereās what Iāve learned and how I guide my students and followers through situations like this.
Why You Shouldnāt Panic Buy Right Now
Whenever we see big news like this, many new investors start buying in because of the hype. But hereās the truth: markets often dip (pullback) shortly after such big events. Why? Because a lot of short-term traders who bought in for quick gains will sell to lock in profits. This causes a temporary price drop, which can shake out the āeuphoric buyersā who joined in too late.
For your understanding Practical Example š
Imagine the market is like a big sale at a store. Prices get pumped up because everyoneās buying excitedly. But once some people start realizing they want to cash in their goods, prices settle down a bit. Similarly, the crypto market may take a quick downturn after the hype of a big win like Trumpās. So if youāre feeling left out, donāt worry! Just be ready to buy when the price dips.
My Advice: Buy the Dip! šÆ
If youāve been on the sidelines, watching this from afar, hereās a great tip I give to all my students: buy the dips in projects you strongly believe in. That means choosing high-conviction gems those solid crypto projects that you think have a strong future.
Practical Tips for Dip Buying
1. Stick to Your Strategy
Donāt just buy because of hype; buy because the project is strong.
2. Keep Calm and Be Patient
The crypto market moves in cycles. What goes up must come down, and whatās down often goes back up!
3. Donāt Use All Your Funds at Once
Instead, use a dollar-cost averaging (DCA) strategy where you buy a little at each dip to get a good average price.
Stay Safe and Trade Wisely!
These tips come from years of learning, and theyāre a big part of the answers I give to my studentsā questions every day. Remember, while itās easy to get caught up in the excitement, smart investing comes from staying calm, having a plan, and learning to wait for the right moment.
Happy trading! And remember, Iām here to guide you through the ups and downs if you have any doubt or you want to understand anything in this crypto world simply comments I will write a post what I learned form the market.