Actually, having some cash on the sidelines right now is the most comfortable position to be in.
With BTC at 80K and ETH at 2,400U, either way, these are buying opportunities. Even if you're worried about the risks and don't want to go all in, if you have cash available, you should at least put half of it to work. The price has indeed reached a key support zone. That's the point of keeping some cash in reserve—the value of delayed gratification.
But the truth is, we often use up all our available funds before the price reaches a key level. This is especially true when our investments are underwater: anxiety and unease can make us give up our positions and sell at a loss when prices drop sharply.
Yet when we feel like selling at a loss, it's often the right time to buy. But our instincts tell us to get out. That's the part of investing that goes against human nature. The more we chase gains and avoid losses, the further we get from making a profit.
Sometimes, the right decision isn't to follow our instincts, but to do the opposite.
With BTC at 80K and ETH at 2,400U, either way, these are buying opportunities. Even if you're worried about the risks and don't want to go all in, if you have cash available, you should at least put half of it to work. The price has indeed reached a key support zone. That's the point of keeping some cash in reserve—the value of delayed gratification.
But the truth is, we often use up all our available funds before the price reaches a key level. This is especially true when our investments are underwater: anxiety and unease can make us give up our positions and sell at a loss when prices drop sharply.
Yet when we feel like selling at a loss, it's often the right time to buy. But our instincts tell us to get out. That's the part of investing that goes against human nature. The more we chase gains and avoid losses, the further we get from making a profit.
Sometimes, the right decision isn't to follow our instincts, but to do the opposite.