The Cryptocurrency market has been seeing some choppy action, we can see some weakness, many shakeouts, corrections and retraces... We focus mainly on the Altcoins.
As a new bullish wave is approaching the market, this is a great time for a friendly reminder; Retraces and corrections are nothing more than a great opportunity to buy-in, rebuy and reload.
✔️ Right now things might look bad because Bitcoin has been dropping for almost two months. ✔️ Right now things might feel down because many Altcoins hit new lows...
The thinking will be completely different in the coming months. When looking back, you won't be feeling and thinking that things were bad in these days, you will be thinking that we had such great prices and somehow you missed the train.
It is hard to be a contrarian at the right time. It is hard to buy red. But to sell green you need to buy red. To have a great entry prices must be low, if you wait for hype to buy, you might end up buying at the top.
While there can be some waiting now it can never be longer than buying at the top of a bullish wave. If you buy at the bottom or near support, you can simply wait. If there is a delay, think long-term.
If you buy at the top, even if you wait long-term you will give up at the bottom and when you sell everything goes up.
✔️ What I am trying to say is that the best time to buy is when prices are low and near support.
The best time to sell is when prices are going up. Bitcoin is not going up now, so we have a buy opportunity right in front of us.
This is not financial advice. Make sure to do your own research because when trading, buying/selling any asset, there is always risk involved. We are not responsible for your action.
If this information does not resonate, you can just ignore it and move on. If you find this information useful, feel free to boost, comment and follow!
Thanks a lot for your amazing support throughout the years. We are here for the long-term. The market moves in waves; up and down, up and down... It's been down, soon it will be up.