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Whenever i see multiple posts of bullish movement predictions, i sell my coins. The prices also go down. I buy them again soon after people start posting bearish trends as per their "self made price action theory". It always works this way for me. It seems they run a tool kit of opposite trend to snatch others money. Feels like a new SCAM!
Market sentiment: The only people that tells (with graph and price action) about bearing or bullish markets are those who have open positions of short or long, respectively.
Traders do trade without making noises. They enter when they feel it's the right time to enter the market. They won't shout out any coin prior to that to ensure lower prices. Then they will attract you towards a "bullish Bearish" market. When you enter, they exit at an inflated price. Never listen to others, you will always gonna make loss. Do you own research.
Everyone feels it's a bearish market only when they have shorts open and give any illogical explanation about charts claiming it to be "The price action".
A question to all market experts sharing their personal views on this platform about #BTCHALVING.
The halving is designed to make bitcoin more scarce, and ostensibly to push bitcoin's price upward. And for the last three halvings, that's exactly what has happened.
Halving reduces the supply of new bitcoins, which should in theory increase the price.
If this is the case, then why everyone is having a bearish view prior to BTC halving?? If the supply is going to be limited of the popular crypto then the price will be up and everyone should be bullish.
The market is taking support. Can go in any direction, wait until you see a breakout or break down. Be vigilant. Be aware of posts asking you to HOLD or go LONG. It's your capital, keep strict SLs. Don't leave anything on a HOPE. If your SL got hit, exit the trade. If the market bounces back, buy again. Just think if the market keeps going down, you can sell and buy again at a lower price...you will end up having more coins in the same capital.
It is adviced to stick to your Stop losses. Don't depend on hopes and false claims. others will make money on your hopes. if it's a bearish trend...respect it...re-enter when you think it's bullish again. It's a toolkit running here where every post contains the same language...Beware...!!!
Alert: I am seeing a scam on the internet where someone asks you for payment and they claim to double or triple your money. They will take your money and can never be tracked on the blockchain. Stay alert and report any such accounts. Anyone who can double or triple your money would be doing it for their own money and not yours. No one here is a philanthropist who wants others to prosper.
Let's keep securely building the world's largest human network to improve trust online and access to the global economy. Worldcoin has opensourced verification from ORB tech to serve the crypto fraternity. WLD✅
WLD...The world's largest human network. The innovations in the blockchain are the key for the recent bull run. Hats off to the new things they keep serving on the plate. Soon to hit the skies.