Quote from: Silberman on June 25, 2023, 03:35:28 AM

Quote from: globalpain on June 22, 2023, 05:49:14 PM

Quote from: tvplus006 on June 22, 2023, 04:39:06 PM

Quote from: RewFrew on June 22, 2023, 07:56:28 AM

Today we are seeing Market is stable. We saw yesterday great movement. Bitcoin increase near about 10% within short time. I think today market will increase Again. Because market seems bull position...

As practice shows, after everyone believed that a true bull market had begun, this market collapses, leaving those who bought with coins that are constantly depreciating. It is possible that now is a good time to fix a part of the profit, or set a stop loss, so that later you will not regret the missed opportunity.

For new traders or new investors, this is indeed a good time to invest,
but for investors and traders who have bought in 2021 or 2022 it will obviously be a regret and can only hold on until prices recover,
and this is the crypto world, everyone can happy and even all can be sad too, so make sure we have to take a good strategy.

There is an additional strategy that those that invested at the top can employ, but it is one that they will not feel very comfortable employing, they could use DCA to diminish the average price at which they bought their coins, and if enough money is invested then they could profit much earlier from the upcoming bull run, but this is a difficult decision for them to take, as they have been losing so much money for so long that investing even more money on this market does not seem like a viable option for them.

That's the problem because having lost a lot of money before is certainly not an easy thing,
but on the one hand there is nothing wrong with using the DCA method,
at least it can offset the negative impact of previous investments.