If you want to become a millionaire in the crypto market, please read this entire post and save it.
I know everyone on Twitter is talking about how the global market will crash and everything will go to zero. People said the same thing during the COVID crash, but BTC ended up pumping from $4,000 to $69,000.
I bought the dip back then, and I'm buying the dip today because the best time to buy is when everyone is scared.
Am I right? Not sure. Is this the bottom? Not sure. Can the market crash further? Yes, definitely.
The only thing I know is I see amazing projects at super cheap prices. Nothing is risk-free, but we can minimize our risk with good strategies.
How to buy if you have $100k:
- Buy 33% now, buy 33% if we dip lower, and save the final 33% for a black swan type event. For example:
- Buy BTC at $54k, then $48k, and the last part if we break $40k. If it goes below $40k, we just hold and pray because that's risk.
I've used this strategy since 2016, and it has always been profitable for me. Buy when everyone is scared and sell when everyone is greedy.
Make sure you don't go all in. Keep a percentage of your portfolio in safety assets in case we see a global meltdown.#btc #writetoearn $BTC