THING I WILL NEVER DO WHEN BITCOIN IS RISING...
As someone who bought coins from the top and stayed inside during the Covid19 period, I witnessed how BTC gradually fell. The only mistake I made during that period was to lose money by watching the decline without using stop loss.
Here I would like to draw attention to the gradual decline of BTC. The rise period of the gradual decline is also gradual. At that time, even if it was not at the bottom prices, those who bought the coins as they received them closed the bull with good profits during the period when #btc peaked and the dominance fell. During that lockdown period, we lost everything we had due to FOMO from above.
Currently, BTC may be on the eve of a bull again or may have entered a bull. However, market volatility still continues. Unless BTC calms down, its dominance will not decrease. This will delay the rise at the bottom. They will suffer either weak rises or stagnation. The best thing to do is to wait for the volatile structure of the market to calm down and the dominance to decrease.
So what is this dominance? Dominance means domination. So when it is said that BTC dominance is high, they mean that the money is in the BTC buying and selling process. When BTC dominance falls, it means that money is directed to altcoins and trading transactions begin to increase in altcoins. That's when it is possible to see new horses. I am waiting patiently and wish everyone psychological stability. We are going through difficult and exciting days.
Now BTC has recovered a little bit, but I still haven't been able to cover my losses at the bottom. While the bull or bear debate continues, I think BTC has entered a bull trend. 80000 is very close.
#link Looks promising. 3-digit numbers are not a dream...
As long as it does not contain insults, I would like to receive your opinions and comments. I am waiting for your comments, likes and follows.
What is written is not investment advice. It's a note to myself. Hello
