10 THINGS THIS DUMP SHOULD TEACH YOU!

in #hive-1538509 months ago

🔴10 THINGS THIS DUMP SHOULD TEACH YOU!!!!!🔴

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Bitcoin has finally surpass the last bull run ath which was $69k. Few days ago, we saw Bitcoin hit $70k+ threshold.

Despite many crypto influencer, and analysis have predicted that btc will surpass $150k-$200k. This can never happen without experience some few corrections before halving coming up next month.

Btc has been facing some corrections and has been between the $67k and $60k resistance. If it break below $60k there's a possibility of going back to $50k and if it breaks above the $67k it's possible we hit another new ath. Below are the 10 things I have learn which you too can also learn from the dump.

🟥Any profit you made at any time, no matter how little is bigger and better than any imaginary profit to be made in the future.
🟥No Crypto Analysts actually control the market so do not take any predictions from any Analysts as authentic and act on them.
🟥Do not invest all your funds, always have reserve funds that you can use to buy the dump for more profit incase there is a Dump like this.
🟥Learn to train your mind and yourself not to follow every hype to invest every time on any coin, especially when the market is extremely bullish.
🟥Do not invest your profits and your capital at the same time, keep your profits and use your capital for trade and investments.
🟥The market is filled with selfish and wise traders that needs your money so do not trade or invest your savings or family money or company money.
🟥Invest significantly less during the bull market because the bull market is exactly what liquidates and traps people's money in the market.
🟥Do not ever invest in any new coin till it has gotten to its ATL (All time low) no matter what the hype or analysts say about it.
🟥Invest in small number of coins, don't spread your money on every coin you see, the smaller the number of coins you invest, the better you can manage your portfolio.
🟥Do not engage in any trade or copy any trade (future, marginal etc) that you don't have any knowledge on how the process works, stick to what you know.
💥There is neither "happy ever after" nor "Sad ever after" in crypto, it dumps and pumps at different times, so relax, record these lessons and make better decisions in the next bull run but for now, welcome to the BEAR RUN ⚠️

PS: Buy the red and sell the green