Bitcoin Reclaims $101,000 — Traders Detail How To Keep ‘Life-Changing Money’
Posted On December 6, 2024
Bitcoin‘s (CRYPTO: BTC) reclaim of $100,000 has sparked a frenzy of bullish posts on social media, with seasoned traders highlighting how to keep a cool head in the midst of the bull market.
What Happened: Experienced trader Ssaasquatch cautioned newcomers to tread carefully and avoid the pitfalls he faced during previous cycles.
The trader shared his story of buying Bitcoin at $900 in 2016, turning it into $650,000 by the 2021 bull market peak, only to lose it all by failing to secure profits. “Painful? Absolutely. But I don’t want you making the same mistakes,” he said.
He advises traders to define their …
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