CRYPTO MARKET VOLATILITY: A SEASONED INVESTOR'S ADVICE‼️‼️‼️‼️‼️‼️‼️⚠️
I see a lot of fear, which is normal. It's not pleasant to see your portfolio balance drop by 30% in 3 months (for spot traders) or get liquidated in a few hours (for futures traders). But, having started investing in crypto in 2016, I've learned a few valuable lessons:
1. HOLD ON TIGHT: When the market goes down, avoid touching your portfolio. Hold on to it, or you'll regret it later when the market bounces back. Remember, in spot trading, you only realize losses when you sell at a loss.
2. DON'T FOLLOW THE CROWD: Don't take "expert" opinions too seriously, and don't let them influence your decisions. No one can predict market ups and downs; they can only speculate. One thing is certain, though - the market won't go down forever!
In conclusion, it's up to you to hold your portfolio. Be patient, control your emotions. Not everyone will win, but strong-minded individuals have a higher chance of success. And remember, take profits when the market is up - that money will come in handy during times like this!
#Market_Update #Write2Earn! #ETH_ETFs_Approval_Predictions l_Predictions #LayerZero #Bitcoin❗