No one knows when the bulls will return for bitcoin, but bitcoin will go back up in the long term. For that, we are better off playing in the long term if we have difficulty taking profits in the short and medium-term. Yes, we always expect a recovery from the market but we don't know when. And by preparing everything, we can survive.
Did you see the bitcoin correction today? That's what I mean to always consider the worst case scenario so far. You and I and many others should do nothing without doing an analysis where they have only faith and optimism in any investment. When reality doesn't match expectations, disappointment may stay in the mind longer.In my opinion, good investment management is always needed by anyone regardless of whether they are very confident about the potential of their investment assets in the future. I always consider using 50% of my capital as a reserve and that is important when the market is not going the way we expected.
