December 2024: Red, Volatile, and Beautiful
As I write this, it’s 7:22 PM, just hours before we welcome 2025. This month has been a roller coaster—a historic one for crypto and a humbling one for me. For the first time in six months, I closed with a red portfolio, down 5%. It’s a manageable hit, thanks to strict risk management, but it stings nonetheless. Still, December has reminded me that every challenge comes with lessons.
A Month of Extremes
Bitcoin shattered records, crossing $100,000 and peaking at $106,496 before sharp corrections hit. Ethereum stayed between $3,500 and $4,000, boosted by staking activity and the Pectra upgrade. XRP made waves with its RLUSD stablecoin, while memecoins surged back into the spotlight, led by speculative fervor. Even NFTs rebounded, with $757.57 million in sales, highlighted by Pudgy Penguins at $110.43 million.
Key Drivers
This volatility was fueled by groundbreaking regulation. Pro-crypto regulators in the U.S., Europe’s MiCA framework, and Hong Kong’s expanded licensing all signaled a maturing market. Meanwhile, economic data—CPI, NFP, and rate hikes—kept traders reacting to every headline.
Lessons Amid the Chaos
December proved that trading is about resilience. Losses, like my 5%, are tuition in the markets. Manage risk, recalibrate, and keep learning.
Let’s make 2025 our year. Follow my lead copy trading account for real-time setups. Click here to copy my trades and 🚀💰.
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