Post
Topic
Board Speculation
Re: Are we now on Crypto bull run?
by
imamusma
on 27/06/2023, 18:17:24 UTC
The bitcoin market as it is now seems to reach 40$k very soon. I am worried about how the bitcoin market will be by the end of this year. Because I have invested almost all my money in bitcoin.
But can you imagine if the market wasn't what you expected?
It's too risky when you invest all your money in an asset, including bitcoin. Although you can expect a return that is worth it with the risk you accept, you must also have a reserve budget. Without a reserve budget, I don't think you will be secure forever if you need an emergency budget.

There are many people who are hoping for bitcoin in the new year.  The market will look very good. I don't know how Bitcoin will be at the beginning of the new year.
People's beliefs about the market have a basis. They know halves can trigger more requests, they'll cost more on their own. So if you've been holding onto bitcoins, then wait and make some adjustments so you don't ruin your own plans due to an urgent need for cash.