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Haven’t looked at BTC in a long time. I didn’t expect it to have dropped to 58,000.
US stocks are up, but Bitcoin is down…
A-shares are up, but Bitcoin is down…
Prices are up, but Bitcoin is down…
When does this end? 40% of people in the crypto circle have already gone to trade US stocks. 30% lost money and quit the market. 20% are still barely holding on and trading crypto. The remaining 10% are long-term holders with moneyed assets.
As for my view on Bitcoin: if it drops into the 40,000 range, then you can enter with a heavy position in batches. You must be bold enough to get in—otherwise you’ll miss the reversal in the next cycle. If you want to make money, you have to allocate your own assets long-term.
The current price is 5.8w. When it reaches 5.5w, enter the main position first. Then add more the further it falls. When it moves into the 4-leading range, go heavy. It’s that simple. Only buy Bitcoin. Only buy Bitcoin. Only buy Bitcoin. Don’t buy anything else. Important things said three times!!!!