#FTX #VGX Recently, there is a rumor circulating in the circle that FTX has confirmed that it will start selling off its tokens on the 13th, with an expected value of $200 million per week. Will this affect the market?
If the market releases such obvious negative news to you, you can escape the top? Impossible, right? Besides, this matter was passed on the 13th, but it is still one thing. CPI happened to be released this week, plus the FTX matter. I am not buying any new spot at the moment, except for a little VGX yesterday, and I am also optimistic about the hype of VGX.
Regarding FTX, if you hold the currencies that FTX is going to sell, those who have heavy positions should reduce their positions, and those who have light positions do not need to move. Don't worry even if there is this wave of drops. After reducing your positions in the next two days, you can just buy them back in time later. October is basically one of the better performing months in the history of the currency circle. When it rebounds, just run. In addition, the time for long-term layout is getting closer and closer. In the fourth quarter, which is October to December, there will definitely be a black swan crash in one of the middle months.
Because it is not a bull market now, nor is it the handover point of the bull market. After a sharp drop in the fourth quarter, the K-line market will recover until next year. Next year, with the ETF and Bitcoin halving, the handover period between the bull and bear markets will come. So if you are afraid of the current FTX No. 13, don't make any moves.
