The 57K in #btc now seem very far away even when the candles are red. The 1.5K from #eth are not said.
I stayed waiting for one last drop to see the real "Bottom" and now I’m not sure if I made it. The important thing is that, even though I thought it would drop more, I made some purchases, because even if BTC could reach 48, reaching 60 was still a good price.
And since this market—whatever we say—it’s still unpredictable, the best strategy is sometimes the classic DCA.
If you think it’s going to go down, DCA helps; if you think it’s going to go up, DCA helps too. What doesn’t do anything is always "waiting for the best moment."
Did you buy a little, or are you still convinced it will drop more?
Blood is running in the market. The bulls are waiting for the "perfect" opportunity; since everything is dipping, they're hoping to buy lower and aren't making any moves yet. The bears see everything red and start to short because they think it's all "over".
Beyond how tricky it is to nail down the absolute bottom or top, in the long run, those who win are the ones with a strategy that they stick to disciplinedly. Removing the emotions and following the foundations they set when they laid out their goals months ago. Now that everything is going in a way they might not have anticipated, it's time to be firm and stick to your strategy. And if you don't have one, study and learn as much as possible to build one for the future.
Personally, I think it's an excellent buying opportunity for the long term, and that this bear market, like all others, will end sooner or later. But everyone has to make decisions based on their own risk and circumstances.
The exchange market in Venezuela is in constant flux. What was a solid way to hedge and even turn a profit just weeks ago could now lead to losses. That's why it's not enough to just learn how to use the tools; we need to stay updated constantly and keep our accounts as clear as possible, including the fees that might initially seem insignificant. #USDT #P2P #venezuela
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