Have you been wondering if it is time to SELL all your cryptocurrency? Read till the end!
The SEC lawsuit against Binance had some strong impact on the market. Here is what I know about this current market situation.
Since the day #SEC released the statement tagging coins as securities, I have seen questions like "Should I sell BNB?", "Should I hold Solana?", "What is the future of BTC?".
All these are good questions that needs to be answered and that is why I am here for you all.
Firstly, look at the strength of SEC, they have limited powers and boundaries.
Secondly, you look at the long term plans of those coins you want to discard. FUD is one thing and regret is another thing.
The coins involved, especially the BNB and Solana are projects with clear plans. I see no reason to panic because I see greatness ahead.
Many countries are watching and some already adopting crypto as a legal currency for payment.
I can not tell you to sell neither will I tell you to hold. The decision is left to you all.
However, I can tell you my strategy. I sell at the top and buy from dip after I have done my market Analysis.
Note: I see greatness in BNB, BTC, LTC, ETH and Solana. I can't say much about other coins until I Analyze.
What coins do you want me to Analyze next? Comment below.
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