N4G
3.8k Posts
N4G
🔮
Open Trade
NEAR Holder
Occasional Trader
4.9 Years
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11.2K+ Followers
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When you see BTC dominance falling while alt coins rising, it means whales are using BTCs 2 buy alt coins.
I hope you didn't get trapped in a short position the past 2 days.
$NEAR
#N4G
I hope you didn't get trapped in a short position the past 2 days.
$NEAR
#N4G
I don't claim that i'm a good trader, But i can definitely say that i got some experience.
One of the few things i learnt about the market is to always check Bitcoin dominance index and USDT dominance index and total market cap index, they give a clear image of how the market is performing, where the money is allocated.
During the past two days,
BTC.Dominance has risen by almost 2%
USDT.Dominance have dropped by almost 3.3%
While the total Crypto market cap Gained 3.2%
it all translates that there had been money poured into BTC either by direct purchases (USDT$BTC) or by converting some alt coins into BTC.
Usually when that happens, it means there is an upward movement going to happen, this helps you take a decision to stay in the market or to exit.
$NEAR
#N4G #TOTALMARKETCAP #MarketAnalysis #BTC
One of the few things i learnt about the market is to always check Bitcoin dominance index and USDT dominance index and total market cap index, they give a clear image of how the market is performing, where the money is allocated.
During the past two days,
BTC.Dominance has risen by almost 2%
USDT.Dominance have dropped by almost 3.3%
While the total Crypto market cap Gained 3.2%
it all translates that there had been money poured into BTC either by direct purchases (USDT$BTC) or by converting some alt coins into BTC.
Usually when that happens, it means there is an upward movement going to happen, this helps you take a decision to stay in the market or to exit.
$NEAR
#N4G #TOTALMARKETCAP #MarketAnalysis #BTC
Almost 5 Years in Crypto, I haven't got bored and i am looking forward for new lessons and adventures and even losses, Crypto isn't just a way of earning money, it's a whole school of life, it teaches you alot of lessons.
#N4G
#N4G
One of the key factors of succeeding jn crypto is the ability to read each movement in the market to determine its time lenght and to eye your exit point.
#N4G
#N4G
To succeed in life
you need to make the right decisions.
Small little decisions that one day will lead to success.
Even if they turn out to be mistakes, learn, adapt, move forward no matter what it takes.. One day they will pay off.
#N4G
you need to make the right decisions.
Small little decisions that one day will lead to success.
Even if they turn out to be mistakes, learn, adapt, move forward no matter what it takes.. One day they will pay off.
#N4G
There will be a crash in the market soon.
Don't try to predict it, no one can, but it's inevitable.
#N4G
Don't try to predict it, no one can, but it's inevitable.
#N4G
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