$BTC $SOL $XRP
hey all,
you will hear a lot of stories and theories, that the big bear is coming, specially every time there is a correction
but the reality is, the bull cycle is yet to show a few uppercuts
so chill and use the corrections to add more to your investments, and of course now and then TP at the tops
and here the usual tips but they are always true:
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avoid risking that what you depend on, and at all costs avoid high leverage, sounds tempting but even if you win a few times, the probability of blowing your wallet is just too high
learn to keep cool and avoid emotional decisions especially at moments of uncertainty, and specially if you are spot holding don't sell in a loss
things to avoid:
- overtrading
- over-diversifying: are you serious? more than 30 coins in your holdings? focus on strong stuff 2-5 max
- opening positions without cool time
- revenge trading
- high leverage
- all ins
- pump channels, mainly scams that use your liquidity to be drained
things to keep in mind:
- correction bottoms - buy more
- rally tops - TP
- set SL once in profit
- targets which you set before even opening the trade
- the high losses you may have made, see them now as your tuition fee and use the lessons in your benefit
- keep a target in mind for the Bull Cycle -> that should align with mainstream analysts and institutions , you don't want to get out when retail goes out, you want to close when Black Rock and Micro Strategy cash out a considerable portion
that said predictions for BTC are around 200K to 360K so keep those things in mind, dyor and avoid emotions in the way there, write down your strategies now and follow them religiously
that's it it is that simple
wishing patience to all!
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