Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .
From years now we are trading btc , its always the same patern .
Btc lose 50 to 70% then price bounce x2 x3 x5 .
Its all a game of greed and fear
Some good advices for investing and trading :
1 ) - stop listening to twitter/shit medias , bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit
2) - Buy small amounts at a time , we are buying at 19k , 16 k , 14k , 12k , 10.1k , 7.25k wherever it goes we keep buying . This is how big financial funds and big traders are averaging their buy
3) Go for long term investment , ask yourself : what will be bitcoin price in 5 years from now ? Going to zero ? Going to 250k ? stay at same price ?
- If goes to zero : Never Invest Money You Can't afford To Lose .
- if goes to 250k => bingo !!! (just be patient and for god sacks stop reading these twitter posts and shit medias talks , its all manipulation )
- if stays the same , then nothing lost , no reason to panic .
Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss , soon there will be no coins to sell ahaha , only buying opportunities
Happy trading