The nature of this asset is volatility. If you thought it would only be in the upwards direction then adjust your expectations. Keeps your emotions in check. It’s already back to 66k. This thing could pull back way worse and for LONGER. Be patient and keep DCAing.
My strategy: keep buying and maybe spend some extra paycheck money on bigger dips. Keeping expenses low to buy more when it makes sense.
If you’re not a SEASONED trader who knows what the hell they are doing then I would think twice maybe even five times about trying to sell tops and rebuy bottoms. You might miss the big runs and it’s devastating.
DONT be the guy who tried to trade this thing and you end up losing money on an asset that’s up over 100% in a year. Your emotions will make a fool of you.
Good luck guys
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