Crypto Exchanges
By Dan Saada
1 / 7
CZ talking about the current market situation, a few days ago, we experienced a very significant downtrend or drawdown for Bitcoin, around 50%.
2 / 7
Nobody knows if it is the beginning of the bear market. Now we kind of know that the market is bouncing back. Unlikely, but don't take my advice for it.
3 / 7
And, to be honest, in the last 6 months or a year or so, we have seen very little volatility.
4 / 7
Somebody blamed Musk for starting this sort of retracement. Some people blamed the weather, who knows, and so none of those things can be proven. It is a mass psychology market.
5 / 7
So, don't invest the money that you have to pay your next month's rent. For crypto investment, I highly recommend you use the money that you don't need for the next few years.
6 / 7
So, do proper risk management. It is a kind of normal market. Bitcoin have gone up 3x or 5x since the beginning of the year from the previous all-time high.
7 / 7
About Meme Coin: To be very frank, I enjoy memes, but I am not a meme coin kind of guy. I like coins with utility.
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