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One Reason You Need To Keep Cash In The Cryptocurrency Market — Cash Is King

The only thing you need in a bull run

Tom Handy
2 min readDec 6, 2024

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Bitcoin and cash photo by Photo By: Kaboompics.com on Pexels

Bitcoin (BTC) recently crossed the $100,000 mark. You were hoping the price would continue to go up.

In less than 24 hours, the market turned and Bitcoin’s price was sitting at $97,510. The price could continue to drop from here.

If you’re out of fiat, then you’re watching cryptocurrency prices drop and you want to buy, but you’re out of money.

This is why you always need cash on the sideline when things like this happen. Don’t spend all your fiat buying cryptocurrencies. You always need money on the sideline in case you need to buy.

This could be the most important thing you need to have in a bull run.

There will continue to be ups and downs in the market. Cryptocurrencies will go up one minute and go down the next.

Bitcoin chart from Trading View

A crypto investor always needs money in a bull run.

You don’t want to be caught empty-handed if the market crashes when a Whale decides to sell at any moment and they do.

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The Capital
The Capital

Published in The Capital

Educating and empowering readers on all things crypto and blockchain. For business inquiries: business@thecapital.io

Tom Handy
Tom Handy

Written by Tom Handy

I ghostwrite articles for Start-Ups, AI, and FinTech executives. Seen in Morning Brew & Who's Who.

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