Bitcoin has finally crossed $00K, but as expected, many people are starting to book profits around $104K, especially if I talk about retailers and other big institutions are getting greedy, buying everything and that is the main reason altcoins are pumping.
Right now 80% of the people are in profit. But this is exactly what big institution and market wants. They want you to forget about corrections and buy anything, any coin you want.
There are many investors who are buying blindly only preferring low cap coins which are surely a scam coin. They will not go up in this bull run, but because people have become greedy, they are investing now.
Those who bought at bottom are now stay patient and looking for the good days to come. This game is no doubt the game of long term and those who invested for long term will surely gain a huge profit.
Those who are in profit maybe 5X to 10X. One thing to keep in mind that market surprises everyone with corrections during a bull run.
Bitcoin might correct to 94 to 88 K soon which will be healthy for the market I think.
You must don't follow in at these levels. Instead, book profits if you are in good gains. Set stop losses to protect your capital. Shift focus to low gems with having potential.
The last and final words of my this post will be let's stay smart, avoid greed and prepare for the next big moves. Stay focused on the market. Try to hunt new opportunities after corrections.
THANK YOU!
