The critical moment of bitcoin halving is the proper strategy you should adopt!

Currently, the price of Bitcoin is much higher than in other years, but this moment can be called a critical moment for us. Bitcoin price is currently trading above $60,000, but this is a critical moment for us. It can be seen that when the price of bitcoin was 20 to 25 thousand dollars or 30000 dollars, the price of altcoins increased greatly. But currently, even though the price of Bitcoin has exceeded 60,000 dollars, many red signals are flashing next to the altcoins. While we witnessed events like the Bitcoin halving last month, we are currently seeing a bit of a downward trend in the price of Bitcoin, which is worrying us a lot. Bitcoin has come a long way since hitting a new all-time high two months ago, and there is an even bigger downside risk that we see during Bitcoin corrections, which are completed during each Bitcoin halving.

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If we look at the statistics for the past Bitcoin Halves, we can see that on or after the completion of each Bitcoin Halve, the price of Bitcoin dropped by about 30 percent to fifty percent, which is known in history as the Bitcoin correction. As such, the Bitcoin correction is still pending after this Bitcoin halving is completed. But no one can say with certainty when and by what percentage the price of Bitcoin will fall. And if the price of Bitcoin decreases from the current position and the Bitcoin correction is completed, then how fragile the situation of the old coins will be can be estimated to some extent. Because currently, the price of altcoins has decreased greatly due to the slight decrease in the price of Bitcoin. So if you have to survive in these markets then you must adopt proper planning and proper strategy. Because at any moment if Bitcoin is corrected then the price of Bitcoin can drop to close to $45,000. So this moment can be called a very critical moment.

I think if you don't want to face big losses in this market you can take some steps which I discuss below. First of all you need to research and analyze the coins well and review the bitcoin candles well. If you want to invest right now then invest a small part of your total investment amount never invest full dollar. Don't be swayed by anyone's words at this moment but be realistic and invest with judgment. And at the same time completely shake off the thought of getting rich overnight.

These moments are very critical moments and many are dangerous. FOMO or Fear of Missing Out works on the minds of most investors in the markets right now. So this moment must be patient well and be patient without selling any coins at loss. Take this time to sit patiently and research the coin well and market trends that will help you succeed. Most of us invest on social media like facebook or twitter by seeing attractive offers or attractive news, we invest without analyzing the judgement. These should be avoided in our relationship. But we should do things humbly which will give us a good quality profit.

The most important thing for success right now is DCA or Dollar Cost Averaging. Which will help you strengthen your portfolio and save money. Because if you can make the dollar hard by devaluing the coins you bought before, it will bring down the average purchase price of your coins which will be very helpful for your profit. And one more important thing is that you must be patient and remember that the coming times are very important for you. Because the end of this year and next year the crypto market is very important. So these moments should not be too emotional and not trade frequently but wait patiently for higher profits.