I have said this time and time again, the market will frustrate you, it will do everything to kick you out.
But still if you stay in it, the gains will be good enough to remember these days where you were uncertain about the #Cryptomarket #BnbAth #BTC #bitcoin
A friend of mine just called and asked "How to buy Bitcoin?"
FYI: The retail investors are slowly coming in, I am waiting for many such calls once Bitcoin crosses $100K, and you know what to do when everyone calls and check with you on Crypto.
All I have to say right now is HOLD ON TO YOUR BAGS.
Everything is falling in place... The Bitcoin ETF's, The ETH ETF's.... Many more narratives to come. The demand is going to skyrocket with limited supply.
Anyone can easily say that we have just started, yes there will be speed breakers, there will be hurdles, there will be gap still. But eventually your destination is what matters and did you make it to your final destination will be the end game.
Stick to your basics - Study and stay updated regarding your investments, look out for opportunities (Will see very few going forward), and plan your exits (Many take it for granted)
Remember - The Crypto Universe is growing and the train has just started you can still catch it up, but don't be too late or try to onboard at top speed. You will fall down.
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.