The boat faces big waves, otherwise, if it's a small volume, I just close the order, I've held this order too long, closing the order into a different position.
Bro, do you see anything? Get ready for a jump because we've cleared the bottom, the yellow point above shows that the user has placed a lot of short limits. Especially at 114k. It should come up here in the next couple of days. $BTC
In the past, this coin was likened to the silver of the crypto world; it seems that if there are no applications, then speculation for a while is the only outcome except for BTC.
Tony Doge
--
$LTC with the capital growth being too slow, the market capitalization of LTC is currently too small, so it is obvious that LTC will not be approved for an ETF. One of the conditions for ETF approval is that the market capitalization must be large enough to avoid price manipulation. When the market capitalization is too small, it is easy for someone or some organization to manipulate the price of the product, causing significant harm to investors.
This is how liquidity is achieved, if you just hold indefinitely, how can there be growth :D
RyAnNguyen
--
Bitter heart: Selling Bitcoin prematurely, throwing money out the window?
The top organization to mention is Tesla of Elon Musk, which invested $1.5 billion in Bitcoin in 2021. However, during the downtrend in 2022, Tesla sold 75% of its BTC ~29,160 BTC to cope with the Covid season at an average price of $31K/BTC, bringing in $936M. To date, this prematurely sold BTC is worth nearly $3.4 billion.
Besides Tesla, many governments & organizations also regret when looking back:
- USA 🇺🇸: + Silk Road case (2014-2015): Sold 144K BTC at an average price of $334, bringing in $48M; missed out on $16.8B if held until now. + In 2023: Sold 9,861 BTC at an average price of $22K USD, bringing in $215M; missed out on $900M.
- Germany 🇩🇪: Sold about 50K BTC in 2024 at an average price of ~$58K/BTC, bringing in $2.9B; missed out on $2.9B.
- Australia 🇦🇺: Sold 24.5K BTC in 2016 at an average price of $530/BTC, bringing in $13M; missed out on $2.86B.
- Netherlands 🇳🇱: Sold ~3,000 BTC seized in 2018 at an average price of ~$6,500/BTC, bringing in ~$20M; missed out on ~$330M.
Taking profits is never wrong, but looking back still brings great regret... $BTC $ETH $BNB
Vietnamese people own the second most cryptocurrency in the world, surpassing even the USA. Not knowing about Cashback Exchange to receive fee refunds is a shame 😂😂
$BTC At this point, I can't tell if it will go up or down anymore. One says it will go up, and another says it will go down, so I won't listen to any of them! Observing is true love!
"If we analyze the 4-hour chart of BTC, it seems that it has touched 105,000 twice and then came down, and it has also touched 101,500 twice and then went up. Now, in this last move, either it will break 105,000 and go towards 106,000 or 107,000, or it will break the support level below and drop to around 99,000 — which would be a sign of a bearish trend starting."
"My dear followers, you should never use high leverage now. Big whales can manipulate the market and liquidate us. You need to enter trades with great caution."
BTC has already pushed its maximum capacity, guys. It's still in a downtrend, so there's nothing to worry about. Currently, I believe BTC will consolidate at this point to get players to FOMO and buy at the peak. The most brutal scenario that I've mentioned before. At this time, you will think of two cases: 1: BTC will return to the 85 area from this milestone, then come back to break the 110 mark, and then altcoins will enter a strong growth phase. 2: If BTC closes a daily candle above 107k, it will not return to the 8x area anymore, but will go straight up to 115, 120, 140 and then enter a downtrend. That's why I only exited 50% of my Spot. Of course, I don't hope for the second case to happen. I still firmly believe it will return to the 85 area once again, but during this phase, it will have to FOMO to get new players to buy at the peak before it crashes, it won't return immediately. I still stick to my view, so I will watch for a short on BTC, with a Stoploss at 110 to avoid a stop hunt, and I will close the position if BTC closes a daily candle above 107k.