BrokenYield
Looking back, those who decisively withdrew after making enough profit at the peak of the bull market were indeed right.
The reasoning is actually not difficult to understand. Although the wealth effect in the crypto market is tempting, its volatility, risk tolerance, and market maturity are on a different level compared to traditional stock markets. Making the first pot of gold from BTC or a popular coin does not guarantee that one can preserve those gains during subsequent fluctuations. History shows that Bitcoin's large cycles often involve drops of 50%, 60%, or even more.
Rather than conti
The reasoning is actually not difficult to understand. Although the wealth effect in the crypto market is tempting, its volatility, risk tolerance, and market maturity are on a different level compared to traditional stock markets. Making the first pot of gold from BTC or a popular coin does not guarantee that one can preserve those gains during subsequent fluctuations. History shows that Bitcoin's large cycles often involve drops of 50%, 60%, or even more.
Rather than conti
BTC1,09%