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𝐄𝐕𝐄𝐑𝐘 𝐂𝐑𝐘𝐏𝐓𝐎 𝐈𝐍𝐕𝐄𝐒𝐓𝐎𝐑 🚨
Are you on the lookout for the perfect timing to dive into the cryptocurrency sphere?
Here's a rundown of major FUDs (Fear, Uncertainty, Doubt) since November 2022:
➜ November 2022: FTX insolvency scare
➜ December 2022: Allegations of a #Binance妇女节 bank crisis
➜ January 2023: #GENESIS facing financial troubles
➜ February 2023: Reports of a crypto bank collapse
➜ March 2023: #USDC facing depegging rumors
➜ April 2023: Rumors of #USGovernment selling BTC holdings
➜ May 2023: Speculations about Binance's financial health
➜ June 2023: #SEC's intensified crackdown on cryptocurrencies
➜ July 2023: Concerns over Tether depegging
➜ August 2023: SpaceX's alleged BTC sell-off
➜ September 2023: US government's partial shutdown and FTX's billion-dollar liquidation
➜ October 2023: Binance executives resignations and legal challenges
➜ November 2023: Distribution of BTC from Mt. Gox
➜ December 2023: Possible delay of ETF approval
➜ January 2024: Grayscale's selling pressure on Bitcoin
➜ February 2024: Genesis offloading GBTC holdings
➜ March 2024: Speculations about Bitcoin reaching its peak
Interestingly, despite these FUD events, Bitcoin surged from $15500 to $74,000, showcasing a remarkable 365% growth.
The takeaway?
There's no perfect moment to enter the crypto market. Instead, consider dollar-cost averaging (DCA) and seize buying opportunities during FUD periods.
Sell when the market is gripped by FOMO (Fear of Missing Out).
If you found this insightful, give it a thumbs up and share it with your crypto peers who might be waiting for the ideal timing to join the fray.
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