Well well well. Happy Monday dear #binancians
I want to share with you the small portfolio I made since January 2024. Despite today's #MarketDownturn and liquidation on Futures Trading, I am still alive. As long as I don't do panic selling, I'm all good for the next Market Upturn.
The hardest thing now is "TO DO NOTHING" so I suggest setting your sell limit orders where you wish to close your positions in PROFIT and close all charts. I am going to touch some GRASS today and do some other activities.
For those who still have some funds and weren't impacted by this market drop, this is a great OPPORTUNITY to purchase your favourite Altcoins at a great discount. Keep in mind that it may drop more so be ready to buy more to average your entry price.
In my opinion, one person who made a speech last week and said "NEVER SELL YOUR $BTC " triggered this whole sell-off along with the mysterious movement of US government BTC holdings to the unknown wallet. But all this is to make you Fear instead of USE the CHANCE.
Recession or not, the market always does what's needed to reset itself before new highs. Do you remember COVID drop, the LUNA crash, FTX crash??? All those events were to make us afraid of buying and WHAT WE SAW NEXT? Great pumps and returns and ATHs.
Closing thoughts: no matter where the market is, as long as you have a strategy, don't change it in the middle of the way. Sit tight and wait patiently.
As ALWAYS, none of the written above is financial advice. #DYOR and stay #SAFU🙏