This finally looks like the major correction after the halving. Brace yourself!

The market is green which I am happy to see. I watch with interest what next week will bring. Many will consider adding more assets to their portfolio, whilst some may still be seeking an exit from the market. Whatever you do, I wish you luck 👌🏾

9 days ago I decided to pull all my money out of crypto, because of the uncertainty of the forthcoming BTC halving. Some people were saying that the market will decline before the event and some were promising all coins will go to the moon. I didn’t pay attention to it, I did my research and it did suggest there would be massive volatility ahead of the halving. So I decided I would risk taking out my money and not making these massive returns as some people suggested and enter the market when it is more stable. Ok maybe my return will be x3-4 but I am glad I did because it seems like things are falling apart. For those still holding on to their assets, I guess you have a choice of exiting at a loss, or seeing out the ride. Either way, good luck! 💪🏾

As the market is showing some volatility ask yourself this question. Did you DYOR research before you bought your crypto? I hope the answer is yes. Now if you are planning to hold on to your crypto for the long term then does it really matter if the price goes down now in the short term? Your research would have likely said this is possible but it also likely said that it will rise substantially over the period you plan to hold it. So remain calm. Also in a dream scenario you have bought coins in a few units say 2-5. If so the best thing to do is this; sell one or a part of a unit once the reaches the level of your initial investment. Then what you are left with is free crypto, pure profits. You could then sell some more units 1-2 in the medium term to enjoy some of your profits and leave the rest for a very long time and watch it just grow and grow. That in my opinion is what smart investment looks like.

If all these meme coins will make people rich with such a small investment then why doesnt the big financial institutions just buy them the majority of the circulation? They have the means and wealth to do it? I do not think at anytime in financial history that big institutions will allow retail investors to get so rich so quickly and so easy… just a thought. Invest in well established coins. Yes it’s expensive but they have been tested and they will give you a return in the long term for sure.

#MyFirstFeedPost Hello, Binance Square!
New to crypto and here is my initial thoughts. FOMO makes people invest in projects which may or may not come to fruition. A balanced portfolio is key. Invest in #BTC #sol #AVAX✅ #Chainlink if you have the funds and yes a small bit in meme coins is definitely worth a shot.

Please invest wisely and DOWR.