CALM DOWN AND REFLECT

Based on plenty overreactions, I’d like to bring some dry facts referring to both big players BTC and ETH, as well as low caps and other:

May 3rd, 15th and 20 brought some huge increases of summed up approximate 25% for BTC and 30% for ETH. The charts are attached to show you the huge amplitude (Example: 19,… % for ETH in one day!)

Of course, if you invested after this huge gains and both of them gave away some of it (let’s be honest- it’s only an approximate loss of 40% of profits for ETH AFTER IT GAINED 30% overall and 50% profits loss for BTC after it gained 25% overall !!!) you might be depressed, but it’s not a sign of a weak market. It’s a sign of a bad entry and a regular market behavior with speculative or new alts and stihcoins reacting more harsh than stable coins. You are not the only one with a bad entry and there are also other traders sitting on decreased profits but still happy with their positions. Nothing else.

And now take the decision to cut losses, DCA, or keep your positions frozen in unrealized loss (position not closed) until the market regains momentum. Big question here: Were the gains a sign of an ongoing strong bull which takes a deep breath now?

Hoping to being able to provide you at least a situation picture and get you out of uncertainty.

Cheers crypto pioneers!

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No financial advice. Do your own research