As I mentioned earlier, there might be a false surge in Bitcoin's price towards $60,000.
Use this opportunity to sell and take profit. Bitcoin will likely drop again, so wait for the greed index to fall below 40 before buying.
It may not return to $52,000 as some suggest, but a decrease is expected.
Now, set a stop loss at less than 5% below your purchase price. You'll have another chance to buy at the dip, so don't worry.
Remember, many investors lose when they fear missing out on the bullish trend and invest all their money.
Invest a maximum of 50% of your funds initially.
If Bitcoin stabilizes around $62,000 for a couple of days, consider adding more; you might miss out on a 5%-15% gain, but focus on the bigger gains. Don’t risk your assets just for a small potential increase.
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