Good evening to all my friends. I hope you all are doing well. I am having a good day. Btw let's talk about crypto market. Bitcoin dumped hard after it touched previous all time high 69k and now trading above 61k. It dumped to 59k and many altcoins dumped 20% to 30% within few minutes. As i said yesterday that crypto fear & greed index telling me that correction is very near and today market nuked. Whoever longed Bitcoin at 69k, will be crying because almost $2B wiped out. That's how crypto market works. That's why i always advise to my group members that don't do leverage trading. Some people do revenge trading which is not good because it will only create stress in your mind and you will lose all your peace.
Now my plan is simple and i said this many times that buy the next trend like AI, GAMING, SOCIALFI & LAYER2. All these will boom in upcoming months. Many people will panic sell after this dump because they think crypto market is over/bullrun is over. It's a healthy correction for long run. It was due from long time and in bull market 20% to 30% is normal. So don't worry about your portfolio, just don't watch your portfolio for few days. Focus on your technical knowledge. As i said in many times that before halving bitcoin take correction to create fear in investors and whoever is new this market will be out. That's how whales make money. So don't panic, Bitcoin will dump even more and i am looking for 40k to 50k level for altcoins buy. Let's see if we get there. That's it for today. Here's the latest update video of crytpo market. Thanks & have a good day!!
@abfarhan