$BTC THE IMPORTANCE OF LOSING FEAR. (and not leveraging).
It has been 16 years of BTC, and during this time it has proven to be a safe-haven asset just like gold. Let's be honest, we cannot compete with institutional traders like Blackrock who have the ability to move the price at will with large purchases or large sales.....BUT, as retail investors, WE CAN AND MUST invest wisely.
- Avoid leveraging (going into debt) on long sales at high prices. The best way to invest is in SPOT, regardless of whether the $ goes up or down, your BTC will be there and you won’t owe anything for it.
- Read about safe-haven assets and note that BTC is already one of them, its behavior is similar to gold, so don’t panic with the drops and don’t sell abruptly. Moreover, if you can, buy small fractions and accumulate. From 5, 10, 20 USDT, 100, whatever you can.
- Don’t be extremely ambitious, set achievable goals that you can enjoy. Have you already obtained enough for a dream trip, and/or for a property, to retire peacefully? In short, each person has different dreams. Sell to enjoy your goals and re-enter when the $ is low to do so. In Spot!!!!!! And with stop loss at entry price.