So, here's the monthly bitcoin chart. Bitcoin is sitting back over 10k and people see to be losing their damn minds. I see it on twitter and on discord. People appear to be totally freaking out over this move. In fairness, it's going against the overall trend we've seen since the top of the bull market back in 2018.
The real point though is that I haven't seen this much crypto excitement in 2+ years. It would be hard to say that the "bull market has started" with just the one green candle above the multi year resistance, but that doesn't stop the people.
"this is the last time we'll ever see bitcoin below 10k" is already getting said (non-ironically).
Anyway. If you're thinking about taking the plunge you should research dollar cost averaging. it means you don't throw in all your money at once, but you consider what you want to risk and enter the market with it over time.
It can be hard to keep the fiat in your wallet if it's burning a hole in your pocket to turn into crypto, but if you're gonna play the game you should at least try to learn strategies around risk management, money management, and how to not lose everything in a single trade.
