?
There is always that possibility, but most US asset managers are now buying Bitcoin ETFs so demand and price should increase long term. The Bitcoin halving is approaching so things should continue upwards. Nothing is guaranteed in this world!
but following the btc cycle, there is an retrace and accumulation period....but who knows what is this time
is it safe to book some profit now and re invest when the coins are down?
Watch a few videos on YouTube by James at MoneyZG, he’s an ex banker, quite a young lad, doesn’t peddle any coins because he makes his money from his courses, he’s been consistently right over quite a few years in predicting crypto prices. Knows more on his fingernails than I will ever know!
You’re asking the wrong man, I’ve tried day-trading and been caught out several times and had just wished I had bought and left them alone. To be honest, just dollar cost averaging seems to work astonishingly well, just put $5 or $10 or more into say Bitcoin every day, perhaps use auto-invest on Binance or Kraken and forget about it. Look back in a year or two and you might be pleasantly surprised.
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