***** Coins List *****
Remember today is the deadline of Spot Etherium ETF. last time when it's was BTC ETF deadline , a fake news appeared that BTC spot ETF is approved which Increased BTC price for 1000$ but later on it came down to 39000 from 48000 when right news of delay arrived.

So Anything can happen today , even in case of approve of SPOT ETF of Etherium , market can take correction

remember only quality coins do well after the dips

my favorite will be following

$INJ
$ATOM
$MAV

Take care of yourself and your portfolio
dyor

****** Volatility in Market Today ******

Today is the Spot eth ETF deadline of vaneck spot eth ETF. This can create a lot of volatility in Market.
Make sure to have enough usdt with you to buy the dip in case of dump if spot Eth ETF doesn't get approved. But if approved don't get FOMO . Let the market settle and then look for some quality coins .
Well there have been very positive news regarding this ETF but as you know they can manipulate market to Grab liquidity so be careful.
#dyor

***** Coins to buy right now *****

Don't wait for a perfect entry. Although BTC is at a high price but many alts have still not recovered even half of previous ATH(ALL time high).

it's better to invest in some quality coins now because most alts are at the price when $BTC was 39000.

Here is a list of good quality coins you can buy for a nice returns in future

1: $MAV
2: $INJ
3: $ATOM

they are at quite good prices to buy now . you should look to invest atleast 70% in these coins now and 30% in case of DCA.
#Dyor2024

🚨🚨🚨 Perfect Entry in Crypto 🚨🚨🚨

Crypto is a very volatile market and finding exact perfect entry is nearly impossible . Also don't be in a delusion that you will buy a coin and it can go to 2-3 times in a week or so. Crypto requires Patience . because you need buyers to take your coins high and that can only happen if you are in a right project and an early buyer.

"Buy the Fear
sell the greed"

is a nice proverb for crypto market. because what has gone up must have to come down. you wait for the right Dip and then you buy the dip and hold. My portfolio is as follow. it includes my initial portfolio and 30% of my profit which reinvested to dca my positions :
$INJ nj at 36.23
$GAS s at 6.45
$MAV 0.3925
$Ape 2.20
$Xtz 1.540
$MDT .098
$Doge 0.2150
$Atom 12.7
$Strk 2.5
$Axs 9.66
$GMT 0.2796

also share your portfolio in comments to analyze each other entries and coins. we are here to help each other.
Now all these coins were at very low price a week ago and you didn't find it you must be cursing yourself now. but still you can buy them now before it's too late.
you can't earn hundred of ustds with just 50 or 100 usdt. if you want to get profitable you will have to invest atleast a fair amount and then work hard and research to multiply your investment .

So invest in right coins. and when you are in good profit like 30-50% start taking partial profits from your coins and reinvest in other projects which are low but have potential

Good luck for your Journey

****** Narrative vs Hype in Crypto ******

So Crypto has two types of Coins . Some are hyped and some are Narrative based.
Hyped coins are in spotlight at social media and everyone fall for it because there are many who aren't familiar to crypto and they just follow what others say. Sometimes it results in a great loss and they become the exit liquidity of early buyers.
On the other hand , there are narrative based coins which grows slowly and steadily. Finding Right Narrative is really important because then you can have nice returns on your investment.
For example we just Saw AI narrative which took many AI coins to new All Time High. Similarly many meme coins did almost 10 times like pepe. Gaming narrative really has been strong for many coins like beamx , Gala and YGG.

On the other Hand , XRP has a great hype but if you look at its price it's not moving at all.
If someone bought XRP even 8 months ago when alt season started , it's still there with no significant price action .
While on the hand many narrative based coins did 5x , 8x and 10x.
Never just blindly follow the hype. Always find right narrative to multiply your gains on this bull run.
For spot traders bull run is really significant. Futures Traders can also earn in Bear Market but for spot traders it's really difficult to earn in spot.
Finding Right Narrative at right time will put you in a great position

🚨🚨 My Mistakes as a Crypto Beginner 🚨🚨

My Mistakes as a Crypto Beginner which you can avoid:
1: Don't get FOMO (Fear of Missing Out)
2: Don't cut profits
3: Secure profits
So I started Crypto in October last year as a total beginner. I thought you can make money quickly only by futures (Not realizing you can also lose money quickly). So started futures and got 70$ of loss by just longing or shorting coins . 70$ is a good amount (not much but a fair amount) in my country.
I then started spot because it looked safe to me and also they were too low . The bull run was also in initial phase.
So I bought some coins like storj , dot and some other . I got a lot of profit in storj . Slowly steadily I recovered all my loss and was in profit.
But here are four examples where I missed amazing profits
1: I bought 4 farm coins at 39.45 and after 3 days it pumped to 68 . I didn't book profit and waited it to go more but It came down and I sold it at 44 with just 25 dollar profit instead of 112 . I sold it and next day it went again to 60$ . I again got FOMO and bought at 56 and waited for 2 months and sold at 58 and after some 2 weeks it went to 128 .
2: I bought id at 0.032 and sold at 0.046 . But it went to 1.70. I sold that coin because I had no knowledge of consolidation or retracement
3: I bought bel for a big amount of usdt at 0.91 and sold at 1.03 to buy mdt . I sold bel just before the pump to 2.68 . I had previously set my orders at 2.50 . So I almost missed 330 usdt profit
So as a beginner crypto trader you need two things to keep in mind when buying in spot and selling in spot
1: Follow narratives like AI narrative took wld to 11 , fet to 3 and many other coins got too high
2: clear goals and patience. Don't be a jumping rabbit and just rely on your projects.
Will like to share more such tips in my next posts

Crypto Market has two types of Traders .

Spot Traders and Futures Traders. For both of them a perfect entry in a crypto project means a perfect trade resulting in max profit. Lets talk about How can one find a perfect trading signal.

Choosing the right entry point in the cryptocurrency market requires a combination of technical analysis, fundamental research, and disciplined risk management.

1: Technical analysis involves studying price charts, identifying key support and resistance levels, and using indicators such as moving averages, RSI, and MACD to gauge market trends and momentum.

2: Additionally, conducting thorough research on the fundamentals of the cryptocurrency project, including its technology, team, use case, and adoption potential, can help assess its long-term viability and growth prospects. Patience is crucial in navigating the volatile nature of the crypto market. It's essential to avoid FOMO (fear of missing out) and impulsive decision-making by waiting for confirmations and staying disciplined with your trading strategy. Setting clear entry and exit points, along with stop-loss orders to limit potential losses, can help manage risk and maintain patience during periods of market uncertainty.
3: Furthermore, diversifying your investment portfolio across multiple assets can reduce risk exposure and provide a more balanced approach to long-term wealth accumulation. Overall, combining thorough analysis with disciplined patience is key to making informed and successful entries in the cryptocurrency.

⚠️⚠️⚠️⚠️ Accumulation , Breakout and Retracement the three forms of Crypto Market ⚠️⚠️⚠️

1: In cryptocurrency trading, there's a cyclical pattern that often unfolds. The first step is accumulation, where savvy traders and investors accumulate assets when prices are low, often during periods of market consolidation or downturns. This phase is characterized by relatively low trading volumes and subdued price action.
2: Following accumulation, there's typically a breakout or uptrend phase, where prices start to surge due to increased buying pressure and positive market sentiment. This phase often attracts momentum traders and speculators looking to capitalize on the upward movement.

3:As prices reach peak levels, the market enters a distribution phase, where early investors and traders start to sell their holdings to lock in profits. This phase is marked by increasing selling pressure and may lead to a consolidation or correction in prices. Finally, the cycle repeats itself as the market undergoes another round of accumulation, leading to a new cycle. Understanding these phases and recognizing patterns can help traders make more informed decisions and navigate the volatile nature of cryptocurrency markets.

WHY is Crypto So Volatile compared to traditional Trade Markets ?

Cryptocurrency markets are inherently volatile due to several factors. Firstly, the relatively small market size compared to traditional financial markets means that even small trades or events can have a significant impact on prices. Additionally, the lack of regulation and oversight in many jurisdictions can lead to market manipulation and sudden price swings. Moreover, the decentralized nature of cryptocurrencies means that there is no central authority to stabilize prices or intervene during periods of extreme volatility. This lack of centralized control can exacerbate price fluctuations, as traders react to news, rumors, and sentiment in real-time. Furthermore, the speculative nature of cryptocurrency investments contributes to volatility. Many investors are drawn to cryptocurrencies for their potential high returns, leading to periods of rapid price appreciation followed by sharp corrections. Additionally, technological factors such as network congestion, software bugs, and security vulnerabilities can also contribute to price volatility. For example, concerns about the scalability of certain blockchain networks or the security of exchanges can cause sudden drops in prices. Overall, the combination of these factors results in the high volatility observed in cryptocurrency markets, making them attractive to traders seeking opportunities for profit but also exposing them to significant risks.

**Crypto Market**

Cryptocurrency is a digital or virtual form of currency that utilizes cryptographic techniques to secure financial transactions, control the creation of new units, and verify the transfer of assets. At its core, cryptocurrency operates on decentralized networks based on blockchain technology, a distributed ledger system that records all transactions across a network of computers. Each transaction is encrypted and linked to the preceding transaction, forming a chain of blocks. This ensures transparency, immutability, and security, as altering a single block would require altering all subsequent blocks across the network, which is practically impossible due to the computational power needed.

Cryptocurrencies rely on consensus mechanisms like proof-of-work (PoW), proof-of-stake (PoS), or other variations to validate and add transactions to the blockchain. PoW involves miners solving complex mathematical puzzles to validate transactions and create new blocks, while PoS relies on validators who lock up a certain amount of cryptocurrency to validate transactions and create new blocks. Cryptocurrency mechanics also include digital wallets for storing and managing assets, private keys for accessing funds, and public addresses for receiving payments. Overall, cryptocurrency combines cryptography, decentralization, and consensus mechanisms to create a secure and transparent financial system outside the control of centralized authorities.