El Magnate

We have witnessed in these past days a steep drop of Bitcoin to $91,231.00, it was expected that it would not be less than $95,000.00 but this did not happen. Many people, especially those who just entered, the newcomers who were just starting to buy BTC and Altcoins were the most affected, losing more than 50% of their portfolio due to FOMO and in the worst cases losing it entirely. This is an activity that repeats itself time and again after some time; not everyone can understand this process, it is very difficult, but this is how the cryptocurrency market works. You can make a lot of money, but you can also lose; it requires being consistent, persistent, following the market as closely as you can, studying, gaining knowledge, and experience. What we have gone through with the market drop gives us that experience to know where we are situated and what measures we should take the next time it happens, but this has already passed.