¡cuidado!❌ don’t read this if you’re a memecoin lover
Many see Bitcoin rising and rush to put money into any memecoin hoping to get rich overnight. Spoiler: it almost always goes wrong. Look at what happens with tokens like $TUT , $BTC breaks levels, absorbs all the market liquidity, and microcaps either run dry or go straight to the floor. Buying just for hype on social media gives you two options: 1. Get trapped buying the top ❌ 2. Watch your balance dwindle to the mi** because there isn’t real volume to sell without losing half ❌
I see people wondering why an altcoin like $ $TUT is going down when BTC goes up (and yes, it doesn’t matter if it’s a meme coin). In short, when $BTC breaks key resistances and rallies strongly with a little nudge, the market’s money rotates quickly from altcoins to BTC so you don’t miss the main momentum.
Don't go buying $TUT meme coins don't work, the only impulse they had was from the listing but it will soon start to drop again. Want to make money? Put it into a short
It is heartbreaking and at the same time revealing to see how the market behaves when a country suffers. Buy-sell advertisements are no longer just numbers; behind each order on the platform there is someone trying to cover an emergency
Gentlemen, in Venezuela the phenomenon of USDT and stablecoin with respect to the Bolivar is purely speculative, do not let yourselves be fooled by keyboard economists. The supply of stablecoin in the market is more than enough to keep the price stable, but like everything in the country, a small group with economic power arrived to monopolize and set prices for their benefit. Do not be misled by these "experts", read the economic reality, analyze the market flows and you will discover that behind them are the same ones from the CADIVI quotas, SiCAD, etc.
I will not buy more btc, not until I feel much more comfortable and confident in the price. I do not rule out that btc will rise, in fact, it is very likely that it will, however, there will be a correction to the support of 101 thousand or 98, I prefer to wait and accumulate liquidity
Even if it breaks that support it could look for 75 thousand (but I don't think that will happen)
Hello friends, in this small article I will mention some cryptocurrencies with a greater future for long-term growth, enjoy it! #Bitcoin: (BTC): Bitcoin continues to be the queen of cryptocurrencies and is characterized by being the best known, accepted and valued. Bitcoin is the largest cryptocurrency on the market and despite the ups and downs of the market, it remains a safe and reliable option to invest in. #Ethereum(ETH): Ethereum is the second largest cryptocurrency and leader in smart contracts. Its underlying technology makes it unique and its ability to implement decentralized applications is increasing in relevance. Investing in ETH is an attractive option for 2023.