Beware of the Bitcoin Christmas 'Surprise'!
As the New Year approaches, Bitcoin's price has become a hot topic of discussion again. Looking back at previous years, something always goes awry around this time. To avoid being caught off guard, here are a few things you need to know:
What's going on?
In recent years, Bitcoin has always experienced wild fluctuations during Christmas, with many retail investors jumping in excitedly, only to end up taking a big hit.
Why is this happening?
• Few traders: With institutional investors on holiday, the market becomes unreliable and unpredictable.
• Big players stirring trouble: Those with significant holdings sometimes deliberately muddy the waters, making the market even more chaotic.
• FOMO mentality: Retail investors can't help but jump in when they see the excitement, often buying at high prices and selling at low prices.
How to be wiser?
1️⃣ Stay calm: Don't let emotions take over; stick to your investment plan.
2️⃣ Let the charts do the talking: Keep an eye on those key price levels, and avoid impulsive buying and selling.
3️⃣ Diversify your investments: Don't put all your money into Bitcoin; try out other options to lower risk.
It's New Year’s time; it’s time to think about what to do next.
The end of the year is a good time to reflect on the past and plan for the future. Don't just focus on short-term ups and downs; you need to plan for 2025.
What are your thoughts on Bitcoin? Share your views!
Don't let short-term fluctuations blind you; let Rose guide you, revealing a potential coin expected to multiply tenfold! Follow Rose, and she will help you find your way out of confusion and towards financial freedom!
