Strategies that should be adopted in investing in the current market!

The upcoming Bitcoin halving is scheduled to be completed by the end of next month on the 20th. And apart from that, this year was quite the buzz with the early approval of spot bitcoin ETFs. As a result, the price of Bitcoin went down a lot last year, but since the beginning of this year, the price of Bitcoin has started to rise, and recently, the price of Bitcoin has broken all the records of the past and reached the highest level. After a few days, the price of Bitcoin started to decrease again. Currently, prices seem to be in a downward trend. A few days ago, the price of Bitcoin fell below 61 thousand dollars, but suddenly the price of Bitcoin rose to above 67 thousand dollars. So these moments can be called critical moments. Because investment in the market at the moment can be said to be very dangerous.

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Therefore, in the current market condition, you will definitely be foolish to invest without adopting a strategy. Because at any moment the price of Bitcoin can have a big fall. Because if we look at the past bitcoin halvings, we can see such declines which are basically known as bitcoin corrections in the market. Basically there is a major correction of Bitcoin around the time of each Bitcoin Halving. For example, during the last Bitcoin halving, Bitcoin corrected down almost 50%. Even during the Bitcoin halving in 2016, the price of Bitcoin fell by over 30%. I hope this year will not be an exception. This year we will see a correction in Bitcoin although Bitcoin is currently down about 6% since its peak.

In the current situation it is natural that fear of missing out or FOMO will work in many investors. Because right now many may think that now is the right time for us to invest. But honestly if we have to invest right now then we must be strategic. Dollar cost averaging will play a very important role as a strategy. With that, we must first select the coins that have the potential to survive in the market. And the coins which can give us high profit should be selected and their white papers should be read well. Because there are many coins in the market which can be called scams. Or they may disappear from the market after a temporary pump. Therefore, it is necessary to study the coins well first.

As much as possible you should not invest by looking at advice from social media or various news. We must develop ourselves first. Investing at the whim of others and "shooting yourself in the foot" are the same thing. Another important thing is that we should not invest whole dollar in any one coin. Instead we should buy a coin in several steps called Dollar Post Average. Also, we should always keep some spare USDT or other stablecoin on hand. So that when the market takes a major correction, we can buy back into the market. This is very important and we will never succeed in the market without it.

The most important thing is that the month before or after each bitcoin halving is always very turbulent. Then the price of Bitcoin fluctuates a lot. And also many of us know that digital currencies are famous for their instability. So we must invest in the market judiciously. We should decide in advance how much we will invest and how much video we will do in which coin. Otherwise you will never succeed in such a market. However, we will enter a bull market ahead. Even more important thing is that many altcoins are currently giving quite good profits and have increased a lot from past prices. So buying these coins can be much less profitable in the current situation. Even when the price of Bitcoin goes down or Bitcoin has a major correction, the price of these coins will come down a lot. And we must wait for that opportunity. If there are no exceptions, expect Bitcoin to undergo a major correction during this year's Bitcoin Half, which could range from 20 to 40 percent. It may even be more than that. However, investment should be done according to one's own opinion and not according to the words of others.