Welcome back,
Today we will talk about the market situation that is currently giving fomo to people. This will not be going to be long post but rather quite a short post for the poeple who are new to the market.
So every reader here must have seen majority of the tokens going 2X from where they were 14-15 days back, this is how the market works. The bear market has been with us for quite a long time and this gain has not given us any type of shocker.
We are simply used to seeing even more blunt movements in the market. Now let us be clear about few things so that we can stop ourself from going into the situation of fomo and panic.
The market is still not going to continue with the upsurge.
The market will take corrections.
Search for the lows in last few days and start doing DCA.
Remember that we are still far away from ATH's and ETF of btc is yet to be approved.
Halving that might not give a huge impact this time is also yet to come.
I always say one thing, if you missed to buy your favourite token at $1 don't be sad and start doing DCA as that will atleast give you some of your favourite tokens. If you went into the state of fomo then you will end up collecting zero tokens for yourself.
Opportunities are always there, sometimes you get more profit and sometimes you get less profit. Even in long term holding you get more or less gains depending on when you invested into the project.
The choice is yours, either you decide to dive in and start doing DCA with your fav tokens or leave the market and wait for more upsurge market movements that will make you more sad.
Thank You