Greenland turmoil - Market risk-off
No need to know the outcome, but as long as there is instability, investors withdraw capital - cash flow disappears - market dumps deeply - small retail traders panic 1 while large investors panic 10
At this moment, don't let emotions overshadow technical analysis - don't FOMO because of fear of missing out, prices will still dump
Now is the time to protect assets - building positions is not the time for everyone to flaunt PNL.
Advice at this moment:
Long-term investor → can DCA
Short-term trader → it's not the time to easily make profits
Weak mentality → it's best to stay out of the game
For the market at this moment: DCA by stages is the top priority
Break down assets DCA every 1-2 weeks
Variable buying: buy less when prices rise - buy more when prices drop significantly
Remember: BTC is the backbone - ETH is the satellite, absolutely do not look at the M5 chart to DCA
Before buying, ask yourself: after buying, if the market worsens, do I still have money to DCA?
Once you have created a long-term DCA plan yourself, you have won 30% of this fierce battle.
Always research and adapt your thinking according to the market - don't let FOMO kill you overnight.
