🚀A friend from India asked me about his investment. He put in $20,000 in BTC and other altcoins, but it's dropped to $15,000.💰
He wanted to know what to do. I asked him if he thinks it'll bounce back in a week or month. He wasn't sure. I explained that sometimes exchanges and coins decrease your money to make theirs. So, it's important not to wait too long to sell. I advised him not to panic and to hold onto his assets. Recovery might take years. I suggested keeping an eye on the market and maybe consider re-entering in April, as it seems like the drop might continue.
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NineBrotherCx
· 2024-03-19 18:41
Hoard BTC, hold on and don't let go.
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CryBest
· 2024-03-19 18:38
We can't be sure because we can't see the bottom if it falls, and the peak if it rises. For guaranteed earnings, it is necessary to buy Btc when it is forgotten.
🚀A friend from India asked me about his investment. He put in $20,000 in BTC and other altcoins, but it's dropped to $15,000.💰
He wanted to know what to do. I asked him if he thinks it'll bounce back in a week or month.
He wasn't sure. I explained that sometimes exchanges and coins decrease your money to make theirs. So, it's important not to wait too long to sell.
I advised him not to panic and to hold onto his assets. Recovery might take years.
I suggested keeping an eye on the market and maybe consider re-entering in April, as it seems like the drop might continue.
What do you guys think?💵🔥
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