ARE YOU A LONG TERMS INVESTOR? STOP LOOKING AT YOUR PORFOLIO
Wow! Talk about volatility! I just want to get you guys prepared for a possibility of a 4k or 2k bitcoin. The experts are super divided in terms of the market but the worst case scenario is a 2k bitcoin and a 2 year bear market.
The middle of the road is a low 6k bitcoin and a pump at the end of the year with a 50k bitcoin happening next year.
The very optimistic analysts are predicting that we will bee the bull run in 2 months followed by another long bear market.
If you are not in this market for the long haul then this maybe scary for you and taking profits should be on your agenda.
If you are in this for the long haul then don't look at your portfolio but keep an eye out on the news and for great projects.
If you plan on continuing to invest then prioritize on Blockchains. Protocols, Exchanges, then apps.
Below is a video from crypto bud who expresses the fundamentals of crypto investing.
Remember to research so that you know the worth of the project and you know the road map.
[Knowledge is Power] + [Time is Money] = $ucce$$!!!
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I encourage people to watch their portfolios. Something happened in December that should not be forgotten.
In December, 'something' manipulated the crypto world, most impactively BTC. Those who knew how to play the game racked up some serious gains...walked off with boatloads of fresh 'cash'.
While the balloon was being pumped with hot air...HODL...to the moon....woooooohooooo....those skilled at the pump and dump, kept at it. They were 'skilled' at reading the charts and the rumor and news 'technique'. The 'unskilled' bought the HODL, even started mortgaging their property to get on the BTC train at over $10K...smh...
Then, BOOM! Just like a balloon pops, and the moisture from the 'air' sprayed many left HODL with air. The skilled kept the script going...it'll bounce....nooooo...
And, before long, those who created debt ended up playing a loser's game; and, the 'skilled' laughed all the way to the bank, playing the 'game'.
It shall be interesting to see how far BTC falls. The money has been made. The gig is 'up'. When things cool, this will happen again. The wise will keep an eye on their portfolio, and remember.
Peace.
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