Just buy at the bottom or DCA and hold tightly, then why worry? But if you FOMO in when it rises and buy at the peak, then when it drops and you can't take the heat and cut losses, don't wonder why the fish are fat.
Lloyd Nguyen
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There won't be any more altcoin season, my friends. STOP dreaming. Now that BTC is dropping sharply, funds are also selling off. The US government also wants to sell off. When BTC hits a low of 90k, it is obvious that altcoins will bleed another 10%-20%. Even if BTC bounces back and reaches a new ATH, the price of altcoins won't be able to recover to the levels where you were previously at the peak.
Moreover, when the so-called experts shout about x5 or x10, they are just pulling charts to measure profits from the bottom. And you know that very few people catch the exact bottom. So even if the price increases x5 or x10 from your bottom, you still won't be able to return to the shore.
Specifically, look at the Arb coin at the beginning of this year at over 2.2, and now it's down to about 0.3-0.4. Even though buying at that time and now the price has bounced to 0.9, you would have tripled from the bottom price, but you still can't return to the price of 2.2. Wake up, my friend, while these so-called experts keep shouting and you follow them, and when the time comes to catch the peak, you can't escape. Yesterday, Bit was at 93k. Today, just last night, it has added more red candles, and you still haven't woken up. How can there be any altcoin season here? It's just some large funds taking your money.
P/S: This Arb coin, oh, buying near 2.2, now it’s down to over $30. What are you making noise about? That's just one coin. Damn market makers.
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