I believe BTC is 100% bullish. It’s simply following the same pattern that we saw after the US ETF approval.
Institutional whales wanted to buy cheap + the ‘sell the news’ people wanted to dump on them, so price went to 38K back then, and once the ‘sellers’ had exited, we went straight from that point to 73K!
This time around, it’s the HKG ETF approval; sellers are exiting the market gradually and whales are accumulating. Once that’s over; we’re going to see the rally of a lifetime; I’m expecting it to be much bigger in volume than the previous one (because this time we have the halving effect too).
It’s not a sprint, it’s a marathon. Don’t try to run ‘fast’ you will burn yourself and collapse.
As long as you survive and stay in the game till the end, you’d have multiplied your investment.
Remember that!
In the world of crypto, especially during a bullrun, there’s always opportunities. You will NOT miss out.
Build stamina/patience, learn to let your trades play out and avoid future’s trading (unless you have a regular stream of income that you can easily keep injecting to avoid getting liquidated).
DYOR but three coins which seem quite promising to me right now because of the recent dip:
Note: I’d suggest that if you do buy any of these now - do NOT sell until BTC is 70k+ AND ETH goes over 4K+, even then you can sell 50%, take your principal amount out and leave the rest invested.
1. $AI (it’s 2.5x away from it’s ATH) 2. $ACE (it’s 3x away from it’s ATH) 3. $FET research it… this one has a huge potential to be this bull run’s Solana. Could have a massive rally doing 5-20x once ETH stabilizes at 4K+.
We all know BTC will hit 80K, right? It’s an ‘eventuality’. NO ONE knows when. Everyone here is a damn ‘EXPERT’ here who is claiming to be100% sure but we all know those are ‘predictions’. My advice? Buy with EVENTUALITIES in mind, NOT possibilities or predictions. You take ‘time’ out of the equation and you will realize… it’s a win win situation; you can’t possibly lose at this game!
NFA. Sharing my opinions - I’ve been in the crypto market for about 5 years now. But I’m too intelligent to call myself an ‘expert’ of crypto :)))
If you’re a SPOT trader, just know this… as long as you stay in the market till the end of this year; you’re going to make A TON OF MONEY! Just remember: the key to becoming a good investor is to ‘buy at a great price’. That requires patience (exactly what whales do as well - they wait until the market is dragged down to a certain level).
Do this: 1. Don’t DCA every week. No. When you have spare money, deposit that into Binance as USDT. Do not buy anything. Instead submit limit buy orders @ 10 to 20% LESS than the current price of the coin you want (trust me, when btc drops 5-10%, the alts react and your order would be fulfilled).
2. Invest. But not in 20 different coins. Do your research. Find 20 coins. Filter further. Narrow it to 10. Filter again. Narrow it to 3 or maximum 5 coins. Put all your bets on those!
3. If you’re a small investor, then don’t invest in the ‘previous bull coins popular coins’. No. They’ll rise, sure. 2-3x likely. But if you want to have a “chance” at doing 5 to 100x (depending on your luck), you need to find the winning horses for THIS bull run. Look for coins launched this year that have a great utility and good team behind them.
Open a diary or grab a blank white paper and write it down the below on it, and then put that on the wall or somewhere you will see it EVERYDAY:
We MUST take profits and NOT REINVEST instantly to wait for days EXACTLY like today. Every asset you have currently is available for 2x cheaper!
Imagine if you had the same amount that you invested say a month ago (or when BTC was in 70K+ range), how much more of your current assets could you have purchased?
Whatever you do, do NOT: 1. Open short positions in the future market, because it’s a bear trap 2. Sell any of your assets in the SPOT wallet, because once the final push by bears is done - the recovery is going to be very quick.
You have 3 options right now: 1. Long/Buy more 2. Don’t do anything, wait 3. Short/Sell
80% influencers right now are shouting “BTC GOING TO 30K, 40K, 58K” or whatever. Different values but they are crying for a crash. But we all know market usually moves in the opposite direction in such cases most of the time. So, DO NOT short the market, it’s a bear trap.
Long/buy more: this you should only do in SPOT, because… yes, of course, there’s a chance that market goes down (anyone who says ‘Im 100% sure is a dumbass who wants to sell you something - mute them). And if you’re in spot, you could DCA or … just wait. And you should ONLY do this with money you don’t need in the coming month.
Do nothing: If you’re a small investor or new to the market, that’s the best approach for you at the moment. Live to fight another day. When two big dogs are fighting, puppies should stay away. Or they become the collateral damage.
Look at that box in the chart. What do you think is happening there?
Accumulation and redistribution. Accumulation by the long term diamond hands. And redistribution i.e. ‘staying in the same range for a long time’ to shake out any impatient paper hands that got on the train to make ‘quick profits’.
A lot of people are saying: “Whales/bulls have left the market”… have they? Look again. 58K was targeted MULTIPLE times but was not broken. They’re still in full control; but sometimes it’s good to shake out the weaklings earlier on a journey than late.
$BTC
CrYpTOWaRriorS
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Artım
$BTC URGENT UPDATE ⚠️⚠️
#BTC STUCK IN CONSIDERATION ( RECTANGULAR) FROM 61 DAYS IMPORTANT SUPPORT 59577 TO 60800 IF BTC BROKE THIS SUPPORT WE CAN SEE HUGE DUMP IN MARKET NEXT SUPPORT BTC 50600 T0 51751
#BTC STRONG RESISTANCE IS 73915 TO 69000 IF BTC BROKE THIS RESISTANCE WE CAN SEE BTC NEXT MOVE 78K TO 84K
Don’t buy 10 different coins - this will increase your anxiety and you would never be in a position to ‘sell’ and take profits. Let me explain.
You have $100. You put $10 into 10 coins. One coin does 2x (while others are 10% up or down and hence no benefit in selling), which means you would be in $10 profit - that is negligible and you would rather KEEP it and ‘hope’ for 5x or 10x on that coin than sell for a mere $10 profit.
Consider this alternative: You choose one (or maybe maximum 2 coins). You do your research, these coin(s) must be the ones you believe in THE MOST (highest chances of doing 2x to 10x in the bullrun). You put ALL of your money in them.
Now, when this coin does 2x or 3x, you would be in 100 or 200$ in profit and would be ‘happy’ to sell/take profit and wait for market to go down again to ‘rebuy’, OR move to another coin that you strongly believe but it hasn’t ‘done its rally yet’ (because not all coins do the rally at the same time).
Another benefit is if you invested and market went down, good. You can DCA into a SINGLE coin, so that when that 2x or 5x actually comes, you’d be in even more profit. And also lesser anxiety over time.
What do you think? Btw, for this bull run, if I had $100, I would choose FET, and if I had $1 Million, I would choose ETH to be my horse.
BTC will not hit 58K or 59K. That’s what they want you to keep waiting for so that the whales can keep accumulating in the 60 - 64K range, while you avoid buying waiting for 58K or 52K, and sell due to lack of upward movement.
May will also not be ‘low volume’ as everyone claims. It’s going to be the start of the actual rally. The US dollar is at the verge of collapsing (on a quarterly scale - I’m not saying it’s going to happen in days), and crypto + gold are the only safe havens for the billionaires. Those from ‘traditional businesses’ background would opt for gold; whereas, the ones from modern/tech side would go with BTC/ETH/SOL stable coins (easier to hold, move and sell).