edator
Every post is my personal opinion, and not a financial advice.. NOT A FINANCIAL ADVISOR
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Congratulations to everyone who hold $BNB , believed in its potential and diamond handed it through all the rough terrain… You guys deserve nothing but the best…
Never rush to the markets, especially when you feel FOMO. It’s the market’s intention to make you feel left out. FOMO’d people are the markets exit liquidity. It’s hard to sit on your hands when the market starts to print double digit percentage gains but trust me it will always find equilibrium…
I have to remind myself time and again how I’ve lost thousands while chasing the price. A trading strategy in place and a cool mindset will take you a long long way.
I have to remind myself time and again how I’ve lost thousands while chasing the price. A trading strategy in place and a cool mindset will take you a long long way.
Where is this index traded actually ??
Binance News
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CoinDesk 20 Index Experiences Significant Decline
According to CoinDesk, the CoinDesk 20 Index has witnessed a notable downturn, with its current trading value at 2173.26, marking a decrease of 13.5% or 338.56 points since 4 p.m. ET on Friday. This decline reflects a challenging period for the assets within the index, as none of the 20 assets are showing positive trading results.
The CoinDesk 20 Index, which serves as a comprehensive measure of the cryptocurrency market, is traded across various platforms and regions worldwide. Among the assets, Bitcoin (BTC) and Internet Computer (ICP) are identified as leaders, despite BTC experiencing a decline of 8.4% and ICP dropping by 11.0%. On the other hand, Litecoin (LTC) and Sui (SUI) are categorized as laggards, with LTC falling by 19.7% and SUI decreasing by 18.5%.
This broad-based index provides insights into the performance of major cryptocurrencies, reflecting the volatility and dynamic nature of the digital asset market. The recent downturn highlights the challenges faced by investors and traders in navigating the fluctuating landscape of cryptocurrency investments. As the market continues to evolve, stakeholders remain vigilant in assessing the factors influencing these shifts and strategizing accordingly to mitigate risks and capitalize on potential opportunities.
The CoinDesk 20 Index, which serves as a comprehensive measure of the cryptocurrency market, is traded across various platforms and regions worldwide. Among the assets, Bitcoin (BTC) and Internet Computer (ICP) are identified as leaders, despite BTC experiencing a decline of 8.4% and ICP dropping by 11.0%. On the other hand, Litecoin (LTC) and Sui (SUI) are categorized as laggards, with LTC falling by 19.7% and SUI decreasing by 18.5%.
This broad-based index provides insights into the performance of major cryptocurrencies, reflecting the volatility and dynamic nature of the digital asset market. The recent downturn highlights the challenges faced by investors and traders in navigating the fluctuating landscape of cryptocurrency investments. As the market continues to evolve, stakeholders remain vigilant in assessing the factors influencing these shifts and strategizing accordingly to mitigate risks and capitalize on potential opportunities.
Sometimes price just takes a reverse #ICP/EUR
The job of media is to throw everything at you. Hey! The market’s red, look they are green … That’s their job … what’s your ?? Find out.
Hold a bag of conviction
Treat the rest as trade
Everyone’s here for money
No one cares for your bread…
#yearsofExperience
Treat the rest as trade
Everyone’s here for money
No one cares for your bread…
#yearsofExperience
Markets on free fall.. is this a buying opportunity, or are we up for another winter ??
I believe there’s hope with #trump so this is just a correction. I’ve mentioned in my previous post that Bitcoin was making higher highs while the RSI is exhausted and a correction is imminent. Soon, I believe markets with resume with fresh higher highs.
I believe there’s hope with #trump so this is just a correction. I’ve mentioned in my previous post that Bitcoin was making higher highs while the RSI is exhausted and a correction is imminent. Soon, I believe markets with resume with fresh higher highs.
FED slashed funds rate by 25 bps. As projected. But this is a three part act. The first part you get a decision of the statement, next up is SEP, the summary of economic projections. That’s where all the forecasts are: Inflation, Unemployment, Growth. You’ll also find the dot plot there as well… after that, a 30 minutes conference with chairman powell himself. Let’s see how the markets react ….. 👌
FED rate decision due today at 2PM ET. Expect volatility. Trading the news ?? Not a good idea 🤔
Bitcoin seems to make higher highs, while the RSI seems exhausted. It’s anytime now we see a pullback, which will also affect the altcoins… then only we’ll see a major distribution. Until then it’s a waiting game… keep an eye on the BTC.D(dominance) chart.
Bitcoin is on the rise, so altcoin market is on a hold. Wait for the distribution with patience
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