Investments

I Will Not Invest in Crypto Again Unless This Happens First | by Desiree Peralta | Jul, 2024


It doesn’t matter how much hype it has now.

Photo by Zoltan Tasi on Unsplash

Cryptocurrencies are currently at their best moment.

BTC is at its highest historical price; many people are betting that the price will double by 2025, and it has had stable activity for the past three months.

Everyone believes that this will be a very good year for this market.

I have always trusted this market. I bought one BTC when it was $19,000 in 2022 and tripled my profits at the beginning of this year. In general, Cryptocurrency has been an important part of my portfolio for many years, and I feel it is a good option for making money quickly.

However, when it reached a price close to $64,000, I sold everything I had and took out the broker almost everything (I only left 15,000 dollars in the account).

This is why I will not invest in this market again until this happens first.

The only way I would invest in this market again is if:

  • BTC reaches $56k or less.
  • ETH reaches $2800 or less.



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