Don’t panic, traders.
As long as you hold, you’ll come out on top.
Right now, all markets, including BTC, are highly volatile due to the lack of significant crypto action from one president. Whales are also cautious about long-term crypto investments, focusing instead on short-term moves—buying dips, selling during bull runs, and exiting the market quickly.
That said, there’s still plenty of future potential, with new whales and medium-sized investors starting to show interest in crypto. Trump’s statement, “America must be number one in crypto worldwide,” offers hope for political actions that could positively affect the market.
Now is not the time to sell at Stop Losses.
The market may keep dipping, and selling at Stop Losses repeatedly will only lead to further losses. Hold your investments and wait for the market to rebound.
Disclaimer: This is just my opinion and based on the current market conditions for the next week.