The crypto market showed us what FUD can cause yesterday.

Not the real ETF approval or rejection but just rumour of the rejection and the whole market went crashing, over half a billion dollar liquidated in positions yesterday.

But traders will say knock it off it is just a regular red Thursday in the crypto market.

I had earlier made mention of the huge up and down movements the market is going to make once the ETF gets approved and this is just a testament to it.

If I were you, I won't hold any solid positions for now until the market normalizes, just bag the dip if it gets deeper, bag more, but don't catch falling knives and find yourself in dipshit.

So 2024 is starting off so volatile, it was bitcoin's birthday yesterday and the market played a fast one on us all. I lost some money in my positions I was holding but that thankgod for risk management, I would have been sent packing to the trenches.

I don't have much liquidity to bag this dip, but I am certain that there will be another fruitful one after the ETF approval (hopefully) or rejection.

One thing I have learnt from this market is to keep a mind that is opened to everything and attached to nothing.

Stay safe out there while chasing profits, a dev who was making a wallet that is safe against scam tokens got scammed, well it was a simple hack, the scammers cloned the site and used a .io extension when the real website uses .org extension, the dev was just trying to claim an airdrop and lost $105k in the process.

In this year, don't agree for anyone.