#20u起家日记

Day 98, 12.28

Funds over 160u

Recently, the Bitcoin candlestick chart has been a mess, difficult to manage. Many people in the U.S. stock market are on vacation with little capital inflow. When the U.S. stock market opened yesterday, it was a sell-off, followed by continuous fluctuations. This situation ⚠️ is a bit concerning; Bitcoin has risen too quickly and is now starting to oscillate and decline, leaving little room for other assets.

However, these two days are the weekend. Historically, Bitcoin tends to rise a bit on Saturday, gain some during the day on Sunday, and may decline by Sunday night, followed by another sell-off on Monday.

Everyone should be careful; if you’ve made some profits, it's wise to take 20% as profit first and set a stop-loss to protect your capital. If you see that Bitcoin's situation isn't right and it’s about to drop significantly, be prepared to exit. Waking up to find that your profits have turned into losses is not fun.

Alright, that’s it 🔚