Guys I am honestly getting really tired of this crypto market. It feels like every two days Bitcoin decides to play games with us. Bitcoin climbs toward 70K and everyone starts feeling hopeful and then suddenly Bitcoin dumps back to 68K or even 67K. At this point it almost feels like the crypto market is just teasing traders.
Three months ago I bought Solana at $178 during the hype. I truly believed Solana would continue moving up. Now the price of Solana is sitting around $88. My portfolio has dropped to than half of what it was.. It is not just Solana. Most of the coins I bought in spot are also down nearly 50%. Watching that happen is honestly frustrating.
Now the big question in my mind is: which coin can we actually trust now? I mean I look at crypto. I wonder which coin is safe.
Even projects that look strong make me hesitant. For example MIRA looks like a project. MIRA has a team behind it and the utilities of $MIRA seem promising.. After seeing how the crypto market has behaved recently I am personally being very cautious about taking any new trades in crypto.
Now my honest advice would be simple: patience. It might be better not to rush into buying any coins for the moment. The global situation and ongoing conflicts are creating uncertainty in the crypto market. That pressure is clearly affecting crypto prices.
If someone still wants to buy $MIRA or any other token during this time then risk management is absolutely necessary. Only invest what you can afford to lose and always have a strategy for crypto.
Sometimes the best move in crypto is not trading all. Just waiting for the crypto market to calm down before making the next decision, about crypto.