Some people asked me those question. They asked:" Should I buy $IO right now?" Answer: No New coins are VERY risky, esspecially for begginer, it's a very good way to bring 10000$ to 10$ in 1 day. Another question:" Should I buy $BTC when it at all time high?" Answer: It's depend, but I recommend you to buy Bitcoin as soon as you have money. Remember, Bitcoin is not 100% for investing like others coin, it is a way of storing your money. Like me, I'm really tired of those bank, that's why I stored all my saving money at Bitcoin form.
we're in bull market $BTC to 90k $ETH to 10k $SOL to 600$ soon hold with patience they will shaken out you , they will try everything to make you emotional and sell your holding at the bottom, hold your holdings and DCA to build your positions Good Days ahead 🚀 say with me "Good days Ahead " ❤🥀❤
🚨The post Why Altcoins Are Crashing? Here Are the Top Reasons appeared first on my mind🔔
What seemed like a promising week for crypto turned sour as Bitcoin (BTC) dropped to its lowest price in four weeks, falling over 2% to $65,100 during the U.S. trading session from around $67,000. Over the past seven days, BTC has seen a 7.5% decline. When Bitcoin prices drop, other cryptocurrencies, known as altcoins, often follow. Analyzing the catastrophic event, Crypto analyst Michaël van de Poppe, known as “Crypto Michaël,” has analyzed the crash in altcoin prices and provided insights into the cryptocurrency market’s future. He noted that major altcoins have dropped by over 40% in the past two weeks, with on-chain altcoins plummeting by over 70%. He also highlighted the impact of Bitcoin dominance on altcoins, predicting a reversal in Bitcoin dominance could signal a new altcoin rally. Many in the crypto sphere are questioning why altcoins are crashing so significantly. We’ve got some answers for you. Uncertainty Surrounding Spot Ethereum ETFs One of the primary reasons for the current crash, according to Michaël, is the uncertainty surrounding spot Ethereum ETFs in the U.S. Although approved by the SEC, these ETFs are not yet listed, causing confusion and affecting market sentiment. Michaël explained the two-part approval process involving 19b-4 forms (covering technical details and SEC compliance) and S1 forms (related to listing on exchanges). The delay in listing has contributed to downward pressure on the market. Michaël believes that once spot Ethereum ETFs are listed, Ethereum could be classified as a commodity similar to Bitcoin. This classification could attract increased institutional investment and wider acceptance of Ethereum and other cryptocurrencies. Macroeconomic Factors and Market Impact Michaël noted that lower-than-expected U.S. inflation initially suggested a potential halt in Fed rate hikes, but the Fed’s hawkish stance maintains uncertainty.
Either you feel comfortable with an investment or you dont. When you dont, you sell and move on. Its not that complicated folks. No need to make things harder than they are. If i lost trust in a project, if im not happy with a project, it doesnt make sense to keep it and continue to feel oncomfy. There are so many good projects out there, you will find one that will make you feel different again. ❤🥀❤
A bear market in crypto trading is a market condition in which cryptocurrency prices drop by 20% or more from recent highs and remain lower for a protracted period ¹ ² ³. Here are some ways to survive a crypto bear market.
Trading cryptocurrency in a bear market requires caution and a well-thought-out strategy. Here are some tips to help you navigate the challenges:
1. SET CLEAR GOALS: Define your risk tolerance and what you want to achieve.
2. DIVERSIFY: Spread your investments across a mix of asset classes and cryptocurrencies.
3. RISK MANAGEMENT: Use stop-loss orders and position sizing to limit potential losses.
4. LONG-TERM PERSPECTIVE: Focus on the bigger picture and avoid emotional decisions based on short-term price swings.
5. BUY THE DIP: Consider buying cryptocurrencies at discounted prices, but be cautious of potential further declines.
6. *DOLLAR-COST AVERAGING: Invest a fixed amount of money at regular intervals, regardless of the market's performance.
7. TECHNICAL ANALYSIS: Use charts and indicators to identify potential buying opportunities.
8. FUNDAMENTAL ANALYSIS: Research the project's underlying value, adoption rates, and team performance.
9. HEDGING: Consider using derivatives or other instruments to mitigate potential losses.
10. STAY INFORMED: Stay up-to-date with market news and trends, but avoid emotional decision-making.