I think that the altseason was from the beginning of month 10 to the end of month 12 of 2024, I saw my portfolio soar and I did not sell, waiting for this so-called altseason that has not happened yet, in summary I lost 50 percent of my capital, I only did not lose more because I placed a stop loss at 3 thousand above the invested amount.
What I learned from this
Sell while you are winning!!!, be patient do not fall for FOMO, want an example? This fiasco of Trump's announcement of BTC reserves, Alt reserves (XRP, ADA, SOL) those who benefited from this were only people with insider information. Remember the whale that leveraged 50x with 2.5 million dollars? Who has that courage if they don’t have insider information?
So you, just an investor like me, are at the mercy of manipulations by governments and people connected to them. I think the crypto market has failed miserably because it became dependent on government news; we never needed the government for anything. They want to strengthen their capital and their currency and end crypto decentralization because with decentralization they cannot control us. Despite the downturn, I continue to invest in the market with 50% less but I remain alive, trying to buy the dips. We are in a bear market; everyone is skeptical of the market, the bears are in control. But don’t give up, the cycle will come back again. Take care my friends, don’t believe every time you see it going to the moon, do your research, if you are in profit, realize part of it or place a stop loss at a considerable profit.
Best regards, let's keep going.
What I learned from this
Sell while you are winning!!!, be patient do not fall for FOMO, want an example? This fiasco of Trump's announcement of BTC reserves, Alt reserves (XRP, ADA, SOL) those who benefited from this were only people with insider information. Remember the whale that leveraged 50x with 2.5 million dollars? Who has that courage if they don’t have insider information?
So you, just an investor like me, are at the mercy of manipulations by governments and people connected to them. I think the crypto market has failed miserably because it became dependent on government news; we never needed the government for anything. They want to strengthen their capital and their currency and end crypto decentralization because with decentralization they cannot control us. Despite the downturn, I continue to invest in the market with 50% less but I remain alive, trying to buy the dips. We are in a bear market; everyone is skeptical of the market, the bears are in control. But don’t give up, the cycle will come back again. Take care my friends, don’t believe every time you see it going to the moon, do your research, if you are in profit, realize part of it or place a stop loss at a considerable profit.
Best regards, let's keep going.