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Just. Be. Cautious.

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I see many people get enthusiastic, and somebody has to say it.

Now's not the time to over-celebrate and start longing or doing 100x leverage positions on Bitcoin. We still don't know what the US Senate is gonna decide, or who really are responsible for the recent price boosts and the subsequent ~300M short liquidations (NOTE: that's not even the largest bar in the graph: https://www.bybt.com/LiquidationData).

Strategies like DCA (e.g. $100 every month) is all good, and so is HODL (just never sell), and I know the months since April have been frustrating, if not brutal, but don't put the faith of your money on cumulative emotions gained from short-term changes of greed/FOMO-scale investments (trust me, I know. I lost about 85% of my position (all leverage), and while I'm a bit peculiar and different, being rich, unmotivated, and still panicky wasn't all that great either).

About all we can guarantee is this. BTC can go up and it can go down. Long-term there's a large consensus it'll go up, and the whole year 2021 will be just one point in a big graph. Just use your own money on your own terms, your own rules and limits. There's no shame in selling for profit while the price is still going up (because it _will_ come down).

And always remember that whenever you buy, immediately after, the price might go up or it might come down.

submitted by /u/---Det
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