The best strategy for the current situation

The highly volatile cryptocurrency market is getting into a difficult situation these days after the price of Bitcoin these days has reached about $21,000 with a very big drop this week, reaching nearly 30%. Led to a rise in Dominance to about 45% for Bitcoin.

For comparison, we find that Ethereum, whose price reached about $1100, fell this week by about 40%, but regardless of this comparison, the market turned into a waterfall in red after the cryptocurrencies lost in this quarter of the year about 60% to 70% of their value .

A week ago, when the price of Bitcoin was reeling between $30,000 and $29,000, there was still doubt that we did not enter the Bear Market, but given the current situation, we have already entered this stage and we do not know where the situation will settle.

We may continue in this bad situation until the next Halving in 2024, which is the opinion of most analysts, and the market may surprise us with a new rise as usual, but most importantly of all that those who have strong hands capable of Hodl in those moments and also those who have stronger hands and can buy in those times, in the future They will thank those difficult moments that passed by them.

> Remember when we hit 60k...

When the bitcoin price reached $60,000 months ago, everyone was saying you missed the opportunity when the price was $20,000, and now we have reached this stage again, but the fear is still controlling and no one can buy.

And if you remember this well and want to buy, but you are waiting specifically for the bottom that Bitcoin and currencies will reach, then I tell you do not wait. The point we have reached now is the Bottom, so I have a good plan, which is to divide the capital and buy from the current situation by 30% and wait if it falls more Buy with the rest of the money.

In any case, this is the cycle that we are used to from Bitcoin since the rise of 2017, so we should not sell and worry, but we should Hodl.