The current crypto market situation feels precarious. With the media buzzing about Bitcoin and a surge of new investors jumping in, I even had a friend ask me recently if investing in Ethereum was a good idea. This made me realize it might be the right moment to start exiting the market.

Here’s the advice I shared with him and what I’m following myself: now isn't the optimal time to invest. I’ve already sold 60% of my altcoins and plan to continue this if the market keeps its current trajectory. The market is escalating too rapidly, with too many people making gains. This is often a precursor to a significant crash, likely around a 25-30% drop for Bitcoin and a 40-50% drop for altcoins. While it's difficult to endure, such corrections are inevitable.

My recommendation is to sell a reasonable portion of your altcoins, set buy orders at lower levels, and then wait. This significant market correction is imminent.

Please note, this post reflects only my personal opinion. Thank you for reading. If you found it helpful, please like, comment, and share—it means a lot to me.

#Write2Earn! #BullBanter #BinanceTurns7 #SOFR_Spike #altcoins