If someone tells me "You are taking risk with investing in the Crypto Market. Bitcoin will go to zero."
My Reply:
Well first of all #Bitcoin is going higher with Asset Managers buying in. But still if we take that in consideration that you are right here are few points:
1) I know my risk tolerance, I only invest what I can afford to loose. If I invest $1000 in #cryptomarket the max I can loose is $1000. So I know my risk.
2) Incase you are wrong and #Bitcoin reaches $150K in this run, I will make handsome amount from Bitcoin and #altcoins I am invested in. I want to take that risk of going to zero or to my targets.
3) Many have predicted #Bitcoin falling and most of them are retail investors, the big players in #Crypto never give that statement, because they know what can happen in the market.
4) I don't get nervous when market falls and not get over greedy when market pumps. I know my targets, which might not excite few people invested in them. But I tend to keep them where it is achievable. I will eventually get out of the market.
I am just kidding I don't give so many arguments to them, I just block them.
I hope your bags are ready, you are ready for the ride of your lifetime in next few months.
If not there is still time, just don't mess up everything and stop shuffling your holdings.
If you have not experienced the Bull Run before, it is a place where the greed will automatically creep in, you will not believe your eyes and you will not be able to sell your bags at the right time. So be prepared.
The trend of #Memecoins started from 2021, wherein we saw the likes of Dogecoin, Shiba INU, Floki INU, Baby Dogecoin give massive returns.
Well this will probably be the second #bullrun for the Memecoin Category, we have seen the competition grow multiple folds and also we saw lot of Blockchains launching their Meme Tokens.
The journey so far for Memecoins - Do not buy them to which all memecoin on which blockchain.
I understand when a retail investor says "I don't have more money to do DCA" Well nobody is asking you to do that. All you need is a break and take out time for yourself till you reach to the mind blowing gains in 2024-25.
You can either be scared and sell all that you got, or stay positive and live a normal life.