Anyways, for those who have doubt , it seems a best to play safe; you can be taking profit to a certain extent and not taking all. That way if the market falls ,you will know that you at least have something that you have gotten before the decrease. And when the market goes down you can also check whether it has dropped to the lowest and when you’re sure that the market is at its lowest you can invest again and continue to hold. That way when the market finally goes up you’re going to be getting a lot more than what you have before.
And there are also people who do timed investment and never worry themselves about whether the market is going up or down. That’s also a good strategy.
It is a good strategy and if you are not sure where the market will go next or don't want to gamble your investment based on your prediction, a good strategy is allocation 50% of capital for BTC, 50% for USDT, ie.
- First part (BTC): try to increase amount of BTC in that part
- Second part (USDT): try to increase amount of USDT in this part.
By this strategy, you won't feel stressful if BTC falls but your BTC amount is increasing. It meets your target for the first part.
With second part, you will feel happy always if you increase your USDT amount, and don't care how much it equals to amount of BTC.
Hard time! This is a hard time for those who are doing panic selling, not for real Hodlers. Panic selling removes weak hands from the market, it is fair enough to remove weak hands who don't have enough confidence in Bitcoin. This panic selling may not be a cause for concern for real hodlers. Rather, those who analyze the future of Bitcoin will try to enrich their Bitcoin portfolio by taking advantage of this dump. The market gives buying opportunities for new investors, most long-term investors will take advantage of this dump.
FOMO buyers and panic sellers usually open and finish their trades like this.
