#earningsseason 🚨 Earnings season is coming, and all I can think is: why does everything that happens on Wall Street end up affecting us or hurting us here?
Sometimes it gets tiring. You just want to chill and look at your crypto, and suddenly your feed is full of news about Tesla, Meta, or Apple reporting their earnings this week. At first I used to say, "Why should I care?" But the truth is, when those stock market giants make a move, Bitcoin and the whole market tend to dance to the same tune.
Here’s what I, as someone who’s no Wall Street expert, am keeping an eye on so I don’t get caught off guard:
The tech roller coaster: Tesla and Meta kick things off. If they do well, people get excited and money tends to flow into everything, including crypto. But if their numbers disappoint, get ready to see red candles as big investors panic.
What should we do in practice?
Spot: If things get ugly and everything drops because of the traditional stock market, I see it as a chance to patiently accumulate a little more at a discount, without going overboard.
Futures: If you’re trading with leverage, seriously, be very careful over the next few days. With so much news and volatility, those sharp moves that liquidate accounts will be happening all the time.
The AI drama: NVIDIA and chip companies have been driving things all year. What they say in their earnings reports will determine whether the market keeps pushing higher or whether it’s time to buckle up for a downturn.
In the end, there’s no need to overcomplicate things with impossible charts. Just pay attention to where the wind is coming from so the tide doesn’t catch us by surprise.
What do you think about this week? Do you think Wall Street’s earnings reports will give us a boost, or would you rather stay put and watch from the sidelines?
#bitcoin #trading #WallStreet #Tesla
Sometimes it gets tiring. You just want to chill and look at your crypto, and suddenly your feed is full of news about Tesla, Meta, or Apple reporting their earnings this week. At first I used to say, "Why should I care?" But the truth is, when those stock market giants make a move, Bitcoin and the whole market tend to dance to the same tune.
Here’s what I, as someone who’s no Wall Street expert, am keeping an eye on so I don’t get caught off guard:
The tech roller coaster: Tesla and Meta kick things off. If they do well, people get excited and money tends to flow into everything, including crypto. But if their numbers disappoint, get ready to see red candles as big investors panic.
What should we do in practice?
Spot: If things get ugly and everything drops because of the traditional stock market, I see it as a chance to patiently accumulate a little more at a discount, without going overboard.
Futures: If you’re trading with leverage, seriously, be very careful over the next few days. With so much news and volatility, those sharp moves that liquidate accounts will be happening all the time.
The AI drama: NVIDIA and chip companies have been driving things all year. What they say in their earnings reports will determine whether the market keeps pushing higher or whether it’s time to buckle up for a downturn.
In the end, there’s no need to overcomplicate things with impossible charts. Just pay attention to where the wind is coming from so the tide doesn’t catch us by surprise.
What do you think about this week? Do you think Wall Street’s earnings reports will give us a boost, or would you rather stay put and watch from the sidelines?
#bitcoin #trading #WallStreet #Tesla