Must-read for retail investors! The pitfalls and opportunities in the 120,000 BTC market. 120,000 BTC is coming. Should retail investors be happy? Or should they be afraid? Today, I will highlight the key points and teach you how to avoid being "duped" in a bull market! Let’s talk about opportunities. BTC rising to 120,000 means there are short-term profits to be made, many projects and tokens are starting to warm up, market funds are active, liquidity is increasing, and the atmosphere for buying is strong. But there are also many pitfalls. The first major pitfall is "chasing highs". 120,000 seems tempting, but if you don't understand technical analysis and market rhythm, buying impulsively may lead to catching a "temporary peak" and ultimately getting trapped. Secondly, there is a lot of "fake news" in the market. Every day, there are various "experts" making predictions; some do it to gain followers, while others do it to promote their investments. Retail investors need to stay vigilant and not be deceived. Third, the security risks of exchanges. Remember the painful lessons from the incidents at several exchanges last year; do not put all your assets on exchanges, and use cold wallets more often. Summary: 120,000 is a milestone, not the end point. Retail investors should maintain a calm mindset, invest rationally, diversify risks, and avoid blindly following the trend. In the next issue, we will bring you a technical analysis perspective to help you understand future trends!
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Must-read for retail investors! The pitfalls and opportunities in the 120,000 BTC market.
120,000 BTC is coming. Should retail investors be happy? Or should they be afraid? Today, I will highlight the key points and teach you how to avoid being "duped" in a bull market!
Let’s talk about opportunities. BTC rising to 120,000 means there are short-term profits to be made, many projects and tokens are starting to warm up, market funds are active, liquidity is increasing, and the atmosphere for buying is strong.
But there are also many pitfalls. The first major pitfall is "chasing highs". 120,000 seems tempting, but if you don't understand technical analysis and market rhythm, buying impulsively may lead to catching a "temporary peak" and ultimately getting trapped.
Secondly, there is a lot of "fake news" in the market. Every day, there are various "experts" making predictions; some do it to gain followers, while others do it to promote their investments. Retail investors need to stay vigilant and not be deceived.
Third, the security risks of exchanges. Remember the painful lessons from the incidents at several exchanges last year; do not put all your assets on exchanges, and use cold wallets more often.
Summary: 120,000 is a milestone, not the end point. Retail investors should maintain a calm mindset, invest rationally, diversify risks, and avoid blindly following the trend.
In the next issue, we will bring you a technical analysis perspective to help you understand future trends!