Dear fellow investors and traders,
These are indeed turbulent times in the crypto market. As someone who doesn't actively trade, I've experienced a 35% downturn in my portfolio amidst this massive dump. It's not just me; even seasoned traders are getting liquidated. Therefore, I strongly advise new investors or traders to steer clear of the futures market for the time being.
Here's why:
1) The escalating tensions between Iran and Israel are contributing to market volatility. During times of conflict, markets tend to become highly unpredictable.
2) This dump might just be the usual downturn preceding the #bitcoinhalving .
For those of us who are experiencing losses, it's important to "hodl" and stay resilient. Remember, volatility can work in our favor when markets eventually correct to the upside.
Stay strong amidst the volatility and uncertainty.
