Buy when they are scared 🥀
You should never buy when people think it's the right time, or even when you think it's the right time! Make a plan, stick with it and enter, even when it feels like the wrong thing to do. Trust the facts:
- Whales have been accumulating BTC
- Addresses 1 year+ are a few % off historic ATMs
- Exchange deposits are the lowest since before 2021
- BTC is holding up better than traditional markets
- Traditional markets will see a bounce, just look back at May 2020
- We have some of the strongest conviction in BTC history, at the moment
I just entered my last 5% of stable coins into Cosmos which is at a 50% discount from back in Jan. The rest went into MATIC and LUNA yesterday morning at a very nice discount also.
Buy when there is fear, yes we may go lower but as long as smart money is moving in this direction I will follow. It is possible I may need to take a 20-30% loss to pull out of the market if things turn south, but it is very much worth the potential upside if we start to get momentum from these lows. Never go 100% into crypto, make sure you have money on the side.
Note:
I am slightly worried about the number of transactions which are taking a major hit everyday, interest is dying and we need a spike in price to get this up again.
- Whales have been accumulating BTC
- Addresses 1 year+ are a few % off historic ATMs
- Exchange deposits are the lowest since before 2021
- BTC is holding up better than traditional markets
- Traditional markets will see a bounce, just look back at May 2020
- We have some of the strongest conviction in BTC history, at the moment
I just entered my last 5% of stable coins into Cosmos which is at a 50% discount from back in Jan. The rest went into MATIC and LUNA yesterday morning at a very nice discount also.
Buy when there is fear, yes we may go lower but as long as smart money is moving in this direction I will follow. It is possible I may need to take a 20-30% loss to pull out of the market if things turn south, but it is very much worth the potential upside if we start to get momentum from these lows. Never go 100% into crypto, make sure you have money on the side.
Note:
I am slightly worried about the number of transactions which are taking a major hit everyday, interest is dying and we need a spike in price to get this up again.