đ»đ #MarketDownturn #BTCMarketPanic #RecessionOrDip? #HamsterKombat global market crash has just started and we may see one of the worst historical economic crysis soon.
I recommend staying away from any deals till the middle of September.
We may see some real hardcore stuff going on after the US presidential elections at the end of 2024, which may lead to WW3 or war expansion in Europe, Asia and the Middle East.
The market is very manipulative and unpredictable right now. You may open a short/long position, but it may rise considerably and fall again within 1 day. The way to gain profits is to be very careful, and attentive, follow your trading tactics with TP/SL, and be ready to lose everything quickly. If you don't have experience, trading strategy, or tactics that you follow and your risk tolerance is weak - the risk of losing money right now is 99.9%
I think technical analysts will not help you much right now, in that unpredictability and geopolitical situation.
I'm pausing my trades till I get more clarity about what's going on. Meanwhile, I continue gaining some experience by studying and deepen my knowledge in finance, trading and investments. I will keep you posted with my insights here.
As for you - good luck, with whatever you plan to do next. Take care. $BTC $ETH $BNB