To my dear friends, with all the respect you deserve, please, please, make sure that you can conduct your own research (I know it sound hard, but is necessary), so many questions based on the misleading information that “someone” provided; don’t panic, when in doubt READ!!!!! It won’t take more than 5 minutes and the most important is that you’ll be creating your own position based on your understanding, sure there are many people here to help, but beware so many misleading information is given in a daily basis, I can assure you that when you read and understand what you read, you won’t fall for some others panic or limit understanding of something; don’t be like that, question what you see and read, but you have to do your own research! Otherwise you’ll be one of the many crying out loud every time you fall out of your expectations, and this market is highly risky and tricky, there’s also people mad because the “guru’s” or “specialists” whom make bold “predictions” they followed were wrong.
There’s no way to avoid the risk, you can only manage it, you do that by conducting your own research, diversify your portfolio, don’t fall for the self proclaimed “specialists predictions” whom conduct “data analysis” on 15m-1m timeframes as they’re only scalping and short time investment, or if you do, at least understand your profile as investor or trader.
The beauty of the crypto universe is that there’s a little (sometimes a lot) for everyone, regardless if you’re looking for a short earning (scalping), or you’re looking for making it great at the mid-long term (swing trade -investments), design your strategy based on your profile and goals, be smart!
$FLOKI $BTC
Disclaimer: my opinion doesn’t constitute financial advice, always conduct your own research and know your assets, since the crypto market and trading involves high risk.