USUAL: whoever bought at 1.03 bought because the trend will now be strong green columns and counting to 1.25 and beyond 🔥🚀
FoxyeBR
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• The market is simpler than you think. If you do the basics (which work), you will profit more than those who hunt for trades every day.
• Do DCA in Dollars (Average Price).
• Do DCA in the cryptocurrencies you chose to invest in (Average Price).
• Make sure you chose good projects.
• Understand which are the strong narratives for this cycle (In my opinion, the key narratives are: RWA, IA, MEMECOIN, DEFI, some DEX and some BLOCKCHAINS).
• Stop inventing trends. If you don't understand anything about futures markets, keep buying SPOT. Futures don't offer a future for inexperienced traders.
• Did the cryptocurrency correct or retreat? Don't sell at a loss. If you have money to invest more, continue with the DCA strategy (Average Price). Don't have more to invest during this decline? Just watch the market and let it make its own move. Do the same with the Dollar.
• Be patient, the market moves in waves. No currency will give you 10x, 20x, 30x or 50x in a straight line!
• The market will always give you opportunities, don't be greedy. Don't be hunting for trades or getting out of currencies all the time, as this will make you miss out on big gains.
• Declines, corrections and fluctuations are normal. Get this into your head! Do the basics well and you will see your portfolio appreciate over time.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.