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Dare to trade. Dare to win.
Is it about winning? Or about becoming rich?
Friends, we need to understand this clearly: There is a serious difference between getting rich in a bull market and just making money. If you haven't made the right investments to make you rich so far, I can say that you are late for this bull market. So, how can you prepare to get rich in a bull market? I want to tell you about this based on my own experiences.
About 3-3.5 years ago, I completely changed my investment strategy because I gave up making money and aimed to get rich. From that day to today, every week, I transferred my regular savings to investment instruments, even though I knew that the prices would fall. Even though I saw the end of the bull market and the beginning of the bear market, I never stopped my weekly purchases.
Let me explain with an example: When I first invested, prices were $60. I continued to make purchases week after week and eventually witnessed prices drop to $6. So, the investment I started at $60 eroded to $6. If you ask, 'Did you lose money during this process?' then at the lowest point, my total investment had only suffered a 20% loss. However, if we take inflation and exchange rate fluctuations into account, my losses during that period reached up to 45%. Nevertheless, it was crucial to follow a steady investment strategy and stick to a certain dynamic during this process.
Coming to the results of this strategy, my investment has grown so much that the amount I allocate on a weekly basis no longer makes sense in this sector. From this point on, instead of investing my savings in the crypto market, I am developing accumulation and capital protection strategies for the next opportunity wave. If any of you have not been accumulating regularly during the bear season, my advice to you right now is not to risk your savings. Because investment does not protect your savings; on the contrary, it puts them at risk.
The only way to make a profit is to be able to manage the risk, and you should accumulate this risk with your savings before the direction of the markets changes. Remember, an investor never loses; they only apply their strategy in a timely and correct manner.
$BTC #BLAZE
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