Open your mind and read‼️‼️
Just a few months ago people were saying that $BNB will go to 0.
People said the company would collapse. And all users will suffer.
They said to withdraw your money from Binance to protect yourself.
That turned out to be one of the best buying opportunities.
The token at that time was around $200.
From there we have risen 250%. And the price will continue to rise.
Most people sold. They bought higher again.
Now bnb just hit a new ATH and EVERYONE IS BULLISH. Even those who say it will go to 0 now say it will go to $50000000 😂
what is the lesson?
Reacting to FUD gets you nowhere.
Instead of reacting to FUD. Use it as a tool. Do your own research and buy with caution.
The stronger the FUD. Your position will be better.
The same thing happened to me with solana when it was $7. Now it's 160ish.
No one cares if you bought $SOL at $7, $10 or $20. In the end you made a good exchange. You made a good decision regardless of the FUD.
No one cares if you bought bnb at 220, 240 or 270. In the end you made a good deal. You made a good decision regardless of the FUD.
DCA is always the best. Don't wait for the best price to enter.
Yes, your position could end up at -20% or even -50%, but what is that compared to a profit of 300-1500%? You only lose if you sell.
Now, people who were selling from below are buying from above. don't be like them
This is for educational purposes. This is not financial advice.
The bull cycle is short to follow the wrong people. Stop making avoidable mistakes.
Happy trading everyone.