Some thoughts on the recent market correction....this is a correction it is not a collapse....
Never lose sight of your goals and consider the following...
Nothing about any of our financial markets is normal or natural.
Cryptocurrencies are a long-term play. If you are in it for short term gains, then you better have nerves of steel and know exactly what you are doing, or you will get financially and emotionally REKT.
Swing trading (aka Farming) IMO is still the safest, lowest risk way to increase your coin yields. Do not look at the dollar value of your account, look at the number of coins you have.
Take profits along the way, put the money into stable coins and wait for the next drop....because it’s coming, it always has, and it always will. This is where patience and a long-term game plan are critical.
There will come a time when you may want to consider altering the above process, but it’s not now or anytime in the near future.
Do you know what the cabals crypto game plan is? We all should, and because we know what their plan is NOTHING, they do should surprise us or shake us out of the market. Their long-term game plan should be ours as well.
President Trump will artificially pump the stock market back up to a new all-time high. I don’t know what that number is, but he has to, or he risks not getting re-elected. This is not a political statement; it is the reality of the world we live in today.
Cryptos will follow the stock markets move up, maybe not as quickly or possibly faster....but they will go up.
And when they go up you will have to decide what your next move is going to be....but don’t wait until that happens. Script out that scenario now and be prepared. Forewarned is forearmed and good luck.
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