Weak hands should really think about what they are trying to accomplish by investing in this market, after all the movement that had bitcoin reach a price close to 50k not too long ago is not exceptional at all, as we see movements like that all the time and we will keep seeing them on the future as well,
Weak Hands ...Ahh it has been told many times that weak hands sell and the market dumps. This is not the case because the weak hand are mostly retail and dumping won't affect the market much. Actually, it is the whales who sell or buy and the market moves because of them. Yes, the retail also buys or sells based on how the markets move but we are taught that the weak hands sells
Always put up into your mind that market could really be that so volatile and there's no way that you could really be able to predict on where it would be going. This is why on the time
or moment that you do find yourself having those cheap prices then it would be ideal that you should really be accumulating as much as you could or simply speaking about DCA.
or moment that you do find yourself having those cheap prices then it would be ideal that you should really be accumulating as much as you could or simply speaking about DCA.
The market will move on its own, we should have a plan as when we will stop buying after a certain price and at which price we will do the DCA. Also we should have a selling strategy as to when we will sell in parts so that we gain maximum profits.