The current losses of buying 10 $BTC at $60K.
A normal post for perspective.
A look back at the past, unfortunate buyers who FOMOed into $60,000 USD trades and spot of bitcoin are now almost down 100 grand. Often, we don't expect more than 15% corrections, and we could even expect something as much as 50% in this run. 30k is not out of sight, but at that point is it really a correction or a bear market?
Crypto is a risky investment and I would be careful shorting currently down 20%. I would also be very careful if you are a panic seller, as personally a bear market starts when we have sustained time (3 months) at least 15% from an ATH. The lower we get, and the longer we stay there, provides more risk for $BTC to fall. Being down 100k in 2 weeks isn't necessarily something you want to FOMO into all the time. You leverage boys better watch out, thats a choppy map. It only gets worse the higher we go.If you're losing a lot of money due to fomo, zoom out, and wait.
We could also see 60k+ within a days time, so do not be fooled, but always be wary of the reality of things. I am betting long, stop me out at 50k if you shall.
A look back at the past, unfortunate buyers who FOMOed into $60,000 USD trades and spot of bitcoin are now almost down 100 grand. Often, we don't expect more than 15% corrections, and we could even expect something as much as 50% in this run. 30k is not out of sight, but at that point is it really a correction or a bear market?
Crypto is a risky investment and I would be careful shorting currently down 20%. I would also be very careful if you are a panic seller, as personally a bear market starts when we have sustained time (3 months) at least 15% from an ATH. The lower we get, and the longer we stay there, provides more risk for $BTC to fall. Being down 100k in 2 weeks isn't necessarily something you want to FOMO into all the time. You leverage boys better watch out, thats a choppy map. It only gets worse the higher we go.If you're losing a lot of money due to fomo, zoom out, and wait.
We could also see 60k+ within a days time, so do not be fooled, but always be wary of the reality of things. I am betting long, stop me out at 50k if you shall.
Solid 10k move.