YGG Hodl For Long-Term Growth (415% - 692% Potential)The All-Time Low for YGGBTC was hit in the 10-July 2023 weekly session...
How are you feeling today?
I hope you are having a wonderful time with your life and I am wishing you wealth and success —Let's look at Yield Guild Games vs Bitcoin.
While the All-Time Low hit almost a year ago, and we saw some growth earlier this year, all gains have been removed through a massive correction. Currently, YGGBTC is trading at relatively low prices.
👉 Low prices is always good because it means there is potential for growth.
The worst case scenario is another drop before a major bullish wave.
If this happens, we buy and hold thinking of the long-term.
We buy and hold expecting for the pair/Crypto/project to grow the next day, next week but it can take 2, 3, 5, 6 months... We wait patiently until prices go up.
There is no risk if we buy spot; if things go good, or bad, we simply wait or buy more.
➖ The last price peak happened March 2024.
The ensuing correction is really strong in size but weak in volume; it seems there aren't that many sellers left.
➖ Early August closed as a Doji (indecision) after a major bearish wave and this week, while early, started green.
This can be the start of a new bullish wave.
Patience is key; the market takes care of the rest.
Remember, there can be another drop... If it happens, we simply wait.
If there is no drop, even better; profits right away.
👉 Buy, buy, buy, buy, buy... Think long-term.
We buy when prices are low near support;
We buy at the bottom;
We buy red.
Sell when prices are high up and green;
Sell when everybody thinks and talks of forever growth.
The market moves in cycles... Up and down, up and down, up and down...
It's been going down... What comes next is ...?
Thanks a lot for your support.
Namaste.
