Learn the secret strategies to buy low and discover why you shouldn’t worry about short-term pullbacks.
Hello, everyone! I hope you’re managing to stay strong despite the current market turmoil. To start, I’d like to ask, “How have you been, and how is your portfolio looking?” I suspect your portfolio may not be doing too well, as we are both feeling the market’s bearish impact.
At the moment, the market is in freefall, and it seems unending. Since late January, Bitcoin has dropped from $109,600 to $83,600, and panic is already starting to set in. See the chart below.
So don’t panic yet, because you are not alone in this. The big question now is, should we consider selling our crypto assets or accumulating more?
But before you panic, let me explain why I am not overly concerned about this dip, especially when I reflect on the events of 2017.
Now, you may ask, what happened in 2017? In a moment, we will get to that by analyzing charts and historical trends to discuss why this market dip may not be as severe as it seems.
I understand that the market conditions are not the same as in 2017, and that’s perfectly fine. However, history…
Source link
