I really like a quote from Li Xiaolai: "Only the leeks that mend the sheepfold have a future"! Let's talk about $ETH
Why do we say that mending the sheepfold has a future? Everyone, look at Ethereum at this position; a couple of days ago, I posted that Ethereum at 3300 was already very cheap and suggested everyone to increase their holdings. Now? 3700!
I believe there are definitely friends who listened to my position and bought at 3300, because after buying, it dropped to around 3100, and some friends messaged me saying that it fell after they bought it 😂
I replied with two words: Keep adding!
This is "mending the sheepfold" because as leeks, we don't want to miss opportunities, but we also don't want to fall; what should we do? Just add! The premise of adding is that, in this bull market context, we see Ethereum around $7500; moreover, I personally believe that Ethereum has potential in the future. And now it is already at $3700. I believe there are still some who missed the 3300 Ethereum and are hesitating whether to add now. My suggestion is to add half now and wait for a pullback to add another half!
As a leek, you must remember: spot + long-term holding (hold until the later stage of the bull market or until expectations are met)
The most feared thing is going all-in and high leverage; you might win several times, but you will definitely blow up on one occasion!