The way to invest in the cryptocurrency market under the market frenzy: be cautious and prudent

As the current market continues to be hot, investors should put risk awareness first, rather than blindly chasing high prices.

For investors who already hold a certain amount of cryptocurrencies, it is a wiser choice to continue holding existing positions, but do not impulsively chase high positions.

If the current position is less than 60%, you can adopt a fixed investment strategy and gradually build positions by buying on dips when prices fall.

The current market is extremely crazy, and the price trend of Bitcoin is likely to rush to 100,000.

However, when the market generally expects Bitcoin to break through 100,000, there are often huge risks and reverse fluctuations are very likely to occur.

Similar situations have been common in the history of the cryptocurrency circle. When market sentiment is overly optimistic, reversals may come suddenly.

If Bitcoin really keeps going up and has no intention of callback, our existing positions are enough to reap considerable profits. In the field of cryptocurrency investment, restraining greed is the foundation for long-term survival.

Excessive greed often causes investors to suffer heavy losses when the market reverses. Only by being rational and prudent can we move forward steadily in the volatile cryptocurrency market and achieve asset preservation and appreciation and long-term investment goals.

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