“Sell in May” may sound strange to newbies, but to those who have been investing for a long time, it is no longer strange.
If we observe from 2013 to 2024, only the months of May in the past 10 years, BTC has had 6 months of RED and 5 months of GREEN, the corresponding ratio is 1-0.90, especially since the last 3 years, the months of May have been red, so I'm also cautious in the upcoming May, and most importantly, the market is in full flow, and the market only needs a small excuse for the floor and MM to take advantage of it to increase prices...
Currently the fud that you can learn more
-Binance was asked by the Philippines to be removed from google and apple store / Unrelated but it seems this country also does not play with tiktokshop if I remember correctly!
-Cz is likely to spend 3 years in prison according to US news.
-After the halving, it usually crashes hard and then goes crazy. However, this year is different from the usual cycle, so this item is no longer very important.
-Sec is deliberately opposing increasingly powerful cryptocurrencies, most recently taking issue with ETH
-Stock is starting to develop in the direction of tokens. In the near future, stocks will be no different from electronic money. However, stocks are recognized by law in most countries. Is there any country with cryptocurrencies?! So investors have the ability to switch to Invest in token stocks but abandon crypt!
Overall, it seems negative, and we are waiting to finalize the sale in may! But please stay optimistic, even if it collapses again, it won't matter if we continue with DCA!
Stop being bullish guys, it's an uptrend season, changing positions for a while!
Re-read old articles to see my comments about the market more clearly!
Have a nice day. ❤️
