It is an interesting situation we are all in. Tension in the world about the third world war, uncontrolled inflation, and China’s lockdown means only less consumption by the world and less international trade which indirectly leads to a recession.
Sure everyone’s portfolio is red at the moment. Some people see the red and panic, we should see it as a green opportunity on the horizon. We should see this as an opportunity to buy more crypto at a discount.
No one sees the future, but one can read and interpret the signs that it brings.
Have your emergency fund prepared. It is really important in the coming days.
Invest only what you can afford to lose.
Prepare a weekly budget for your investments.
What helps me every time to make a good decision - is to check the chart daily for a sign of restoration, and wait two or three days.
If you still see green candles - “It’s a Show Time, Baby”. But seriously, don’t invest a 100% on that day, leave some money for the next few days.
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