A drop is not a risk; a drop is a process of reducing risk. Risk arises from increases, while opportunities arise from decreases. Therefore, your actions during declines determine your mindset during increases. If you don't buy during a drop, you'll chase the rise, and chasing the rise increases the likelihood of being trapped. If you're trapped during a decline, you'll be forced to cut losses. It's a cycle. Conversely, a good approach is: buy in batches during declines and take profits in batches during increases. Continue to buy in batches during declines and continue to take profits in batches during increases. Whether in investment or trading, the essence is to sell high and buy low. Buying low and selling high. While chasing short-term emotional premiums may yield profits, it is certainly not sustainable in the long run. Remember 🫡 to respect the market and grasp the emotions. As a seasoned cryptocurrency investor, I freely share my experiences and insights. Interested in the crypto world but don't know where to start? Follow me to see how I navigate it and help you achieve freedom in this bull market.
