Nvidia plunged last night, and Japanese and Korean stocks took another nosedive when markets opened this morning.
I opened the app and saw BTC had dropped to 75,500. My hand hovered over the screen as I froze for ages.
Thankfully, I didn’t get itchy fingers and place a limit order at 78,000 to buy the dip last night. With my 500U capital, if the market had plunged and left a deep wick this morning, I’d have lost my entire food budget for the week.
Big institutions lose money elsewhere and come to the crypto market to cash out. With the little money we have, there’s no need to jump into the fray.
I’ll just watch for now and wait until the market settles down.
I opened the app and saw BTC had dropped to 75,500. My hand hovered over the screen as I froze for ages.
Thankfully, I didn’t get itchy fingers and place a limit order at 78,000 to buy the dip last night. With my 500U capital, if the market had plunged and left a deep wick this morning, I’d have lost my entire food budget for the week.
Big institutions lose money elsewhere and come to the crypto market to cash out. With the little money we have, there’s no need to jump into the fray.
I’ll just watch for now and wait until the market settles down.