It's difficult looking at the market correction. Waiting for a strong and prolonged correction is doubly difficult. Fears and concerns are very easy to understand, when we see today's prices ๐ฑ
Each of Us wants to catch the very bottom. With a high probability I can say, that's almost impossible!
You can ask me <<Why???>> I can answer You๐
1. Undervalued buy orders. Trader expects to see price too low and misses the opportunity to buy during the correction 2. The price hits the bottom too quickly and simply "flies" up. That's very typical of Bitcoin 3. Greed. That's a terrible vice. A trader, seeing, that the price goes down for a long time, constantly looks at the movement and tries to predict and grab the bottom, but that's impossible without experience.
I can give You advice for protect Yourself!๐ฅ
Split Your buy orders๐ฅ๐ฅ (that's part of my strategy). What does it mean?
Using Fibo levels, find the "golden mean" of the retracement and set several buy orders in this zone.
(How to use Fibo levels, You can find in my next EDU post, stay tuned )
What will we get from it?๐ฅ 1. We don't have to worry about missing the opportunity to buy at a discounted price. By splitting orders, we can average the average purchase price. 2. You don't have to sit at the computer all day and not spoil your nerves. Take a rest. And You'll forget about greed
What do you say, friends? I really wanna be useful to you, guys! I make every post with love and it brings me extraordinary pleasure!๐๐ป
Thank you for staying with me๐ Always sincere with You๐งก Your Rocket Bomb๐๐ฃ
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