This is an article about long-term investment, not short-term speculation!!!
When in an uptrend, prophets, gurus, groups, and YouTube channels talking about crypto pop up like mushrooms after rain, (I'm one example ;))_), now browsing YouTube I see dozens of strange channels, but their titles are almost the same, all saying that coins will skyrocket. So quite a few people watch a lot of views from different individuals, and inadvertently this causes many to lose direction not knowing whom to listen to, as they present many deals with titles like x10 x100 making greed rise and nurturing the desire to get rich. I hardly subscribe to anyone, for me, the journey is still long, buy and leave it there waiting for the bread seller to ask if I know about Bitcoin, then it won't be too late to take profits.
With Christmas and New Year coming up, the likelihood of people cashing out to celebrate is quite high.
In previous articles, I mentioned that even during the wildest upswings, a correction of 15%, 30%, or even 50% can still happen, and when it has doubled or tripled from the recent bottom, a slight decrease to gain momentum for the next rise is completely normal. The only problem is that those who come in later see their accounts in the red and panic, not knowing if it will drop further to cut and buy back at a lower price; if they don't cut, it will likely drop again, but if they do cut, it might just go back up. So I advise this: once you're in, just sit tight, if it drops, let it be, it has been hot for 2-3 weeks, so it needs to cool down a bit; investing is long-term, riding the long waves, not just a few spikes, so worrying about dozens of percent drop to escape is unnecessary.
I don't call deals, just posting to reassure and share some basic knowledge.