BUY AS FAR AWAY FROM ATH's AS POSSIBLE! ⚠️ #Shorts

Due to influencers and those with a lack of market understanding, it’s common to see people buying during the bull runs to chase the green candles and quick gains. You should be avoiding this at all costs. By then... it’s already TOO LATE! ✋🏼

Just because price is going UP, it doesn’t mean you BUY!

Once price has broken an ATH, it’s now in unknown territory. An area with no historical price action and a pure gamble on where it will peak. Whilst you can look back in retrospect and say a $20,000 BTC buy was profitable, which it was, it doesn’t mean you go and buy there out of FOMO. By the time price has broken that region, profitability begins to diminish significantly and it results in people seeking unrealistic expectations and ‘moon’ targets to try and achieve incredibly unrealistic profits at those prices.

The lower you buy, the less of a moon you need.

During the bull market we gave you all of these targets in advance to prepare for the days we’re now seeing. Whilst the market pushed slightly higher, it did not stop these prices from returning📉

By preparing for the worst, you’ll maximise your reward during the best times!

Take a step back to look at your entries, how do they weigh out in comparison to the yearly lows and ATH’s?

Predicting bottoms is way easier than predicting tops. This is thanks to historical price action allowing us to identify exactly where price can go when the bear market inevitably strikes down on us🐻

#Crypto #CryptoTips #CryptoTrading

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