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Lark Davis Shared: If you can simply survive in this market then your chances of achieving life changing gains are extremely high! The trick is not getting shaken out. Crypto.
Community Response: Bull market is over. Wake up.
Whales are shaking off rookies right now. A few more will sell their BTC, then the whales buying spree will send the market back up. Wouldn’t make any sense if whales sold all that BTC, and didn’t buy it back cheaper. That’s what’s been going on. Just hang in there.
Absolutely. This is the advantage of those that are whales. Move your money to a USDT or something similar, create panic, price drops. Buy back in and boom easy twenty percent in the first quarter next year. They’re smart and rich for a reason.
The easiest way if you don’t know how to trade is simply DCA (Dollar Cost Average) into your favorite and hold for 5-10 years, It’s that simple.
No. You can only lose when you sell. Your numbers will go lower but you will survive. Hang in there.
Is taking profits considered getting shaken out? You can’t just hold? I was about to ask that, why are they saying this, obviously if everything is going to hell. Take profits, then BUY THE DIP. If you don’t have cash, how do you buy any dips?
Dips can keep dipping, lower and lower. So, what happens when you take your coins out to buy a dip, and the you buy again, and it drops further. Seems stressful.
The one’s who survive the fear are the ones who’ll be rewarded with life-changing gains.
Buy low sell high and make life-changing money it is as simple as that. Unless you really know, what you’re doing, best to be in spot. Survive, keep investing, buy dips without going broke.
You type as if investments cannot go to zero with spot. The main point was to be in spot than leveraged for a much better chance of survival. Especially, if new to investing/trading. But yes, investments could go to zero.
DYOR, conviction plays a strong role in buying major dips. Survive? I thought everyone was just waiting for the right moment to load up a bit more of their favorite.
Surviving the bearish market isn’t going to be a big problem but how about increasing crypto currency adoptions in more parts of the world and bridging the gap between crypto and fiat what do you think? Lots of people don’t know that before great pumps came. There were massive dips. The famous Shiba Inu that everyone was saying they wish they knew earlier went down 90% before it had it’s major bull run. Now lots of people who held their bags are now millionaires.
