i am sharing this real life recent incident 1 of my closed friend , started investing in crypto currency , he always asked from me that what have to buy i recommend him few good projects , all he bought in recent dips in market
but later on his 6k portfolio going down and it becomes 4.8k than he panics and sold everything , i was telling him from the start that crypto currency are too wild , you have to wait patiently for good profit .
but before he was entered he was saying ii will buy more if market goes down , i also advised him yes DCA is must needed concept in crypto currency .
but now when market continuously in downtrend he panicked and sell everything earlier he was saying we will buy more when market will go down more .
i asked him why you sold all and why you telling me after selling all , than he said to me he thought market will go down more and he sold everything . now he is crying when he saw everything pumped and on which price he selled is too far , because coins pumped.
so for Investors , it's important to have patience , and don't watch regularly the market ,just buy the dips and relax otherwise you will sell all in loss.
#CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7 #SOFR_Spike
