<Bit Lee Shou 2024.06.12>
Dear friends, Bitcoin has fallen to around the MA. A few days ago, I mentioned that if the data released today and tomorrow are unfavorable, it may fall to near the MA. However, the market will not wait until then and have already reacted to this possible negative news. Therefore, even if there is really bad news by then, there is room for a sharp decline. It may not be big, but severe fluctuations are still inevitable, so please pay special attention.
A friend in the community mentioned that the small coins he held had recently fallen a lot and fell below the cost price. He felt a little panicked and asked the community to help test the small coins he held. I personally gave two suggestions, which I also share here. .
1. Regarding the small currency targets, you can check whether they have been shipped in high-end and large quantities. This may require more time to organize and re-acquire funds. You can consider changing to stocks that have been purchased in large quantities by the main force, but have not yet been shipped in large quantities and whose technical form has been sorted out. A rather beautiful target.
2. Feeling panic when falling may mean that the proportion of small currency positions held in total assets is too high. Small currency fluctuations are high and the risk is high. It is generally not recommended that the investment proportion exceed 2-30% of total assets, although high risk means that there may be high Profit (or loss), but it is not a good sign if it makes you unable to sleep peacefully. In short, it depends on your personal tolerance.
Finally, the bull market is ongoing, and we are still very optimistic about the future in the long term. Small coins should still have room to rebound or rise, although there is no guarantee that those caught in the high point of shipments will be able to recover their capital.
The currency circle changes rapidly. Learn and accumulate experience over a long period of time. Wait patiently for the opportunity. I wish you all good luck!
(None of the above remarks constitute investment advice. Cryptocurrencies and NFTs are extremely risky. It is recommended not to invest in funds that are not idle and can be lost.)
Image source: Bitaverse NFT Bitaverse #6062
Artistic value + community consensus + diverse empowerment + cryptocurrency market analysis
