We can inspire from long term ETF investors. No leverage and patience, brings the result. As you can see, there is a lot of liquidity hunts. Avoid leverage, use spot only and be patient.
Dude, I bought XRP twelve days ago at $2.45, and the price just kept dropping. I finally sold at $2 today to cut my losses, but two hours later it jumped! Is this some kind of cruel joke?
All ISO 20022 tokens are going for new ATH. There is only 8 tokens that fullfil ISO 20022, and Algo is among them. That just take time (3-6 months) be patient
Hasseno2015
7. dec. 2024
$ALGO holders, how do you feel today? Could the token reach $1?
Nothing goes up or down in straight lines. This is classic profit taking. Even retest to 0,34 $ is still mega bullish 🤷 2,2 $ in 2025 but dumps along the way are ok. NO LEVERAGE
Local top can be in, but it also could be start of the rally 🤷 I can be wrong, but I think that this is just the start... and pullback will be there along the way. No leverage now
Actually yes. United Nations is using ALGO for food aid distribution. For example hesab pay is on Algo for the poorest people on the planet. Showing crypto is making world better
Don't you still understand crypto cycle? 🤷 Tokens aren't good or bad. But people are two categories: ones are learning and second ones are to lazy and without patience 🤷
Yes of course, like everything else in bearmarket. After 2$ ATH in 2025, it will cost 0,4$ in 2026 again 🤷 and 3$ in 2029 and 0,5$ in 2030. Common for all tokens 🤷
Are you familiare with tokens inflation? Another important factor for price development is circulation supply vs total supply. I will compare two tokens that I love personally, both are great tech and havengood tokenomic however there is huge diference between them. Algorand $ALGO and $SUI . I have them both in my portfolio but..... SUI is newer, more modern, faster more fancy but look at circulation supply. 23,4% of total token is inside circulation. Future inflation will be 427%. Long story s
Are you familiare with psychology of market? We are currently in midlle of cycle, and parabolic move in alts is aheaf of us. We are approaching the last investment entry for this crypto cycle. Red arrow shows current situation. Liquidity hunts are typical for bullmarket, so use mostly SPOT is safer, you won't be shaken out of your positions. Leverage is great for inital part of bull cycle, but right now is more risky. We will probably see another 1
Are you investing money, that you can afford to loose? if not use only SPOT SPOT is much safer, no liquidation. Any losses are not real until you sale. You need only patience in SPOT. We are currently in middle of bull cycle. If you buy and will be in loss you need to just wait and profit will come. In SPOT you are disconect from market, so for staying in touch a small part of your portfolio (5-10%) in leverage is needed. But totally diferent approach in trading is needed too. You need to use T
Are you investing money, that you can afford to loose?
if not use only SPOT
SPOT is much safer, no liquidation. Any losses are not real until you sale.
You need only patience in SPOT.
We are currently in middle of bull cycle. If you buy and will be in loss you need to just wait and profit will come.
In SPOT you are disconect from market, so for staying in touch a small part of your portfolio (5-10%) in leverage is needed. But totally diferent approach in trading is needed too. You need to use TP and SL a learn of each of you mistake.
When bullmarket is over? When Price of $BTC will drop under 50 moving average on weekly time frame you should start taking profit. Alts will follow in 2-4 week after BTC.
Small part of your portfolio use for shorting during bearmarket.
What abou current situation? Market can go up and down too. ETF can change market cycle but can not too.
IF you are thinking of entering right now be prepare for both posibilities. Up and Down scenarios too.
We are after ABC correction, it can follow down or bounce up.
Use 45% of your money now for SPOT buy in case we go up. You will not chase the pump and be part of rise. Use 45% of your money as reserve in case we will drop further. You will lower price entry a will be more profit in future. That is DCA.
and rest of 10% your money use for leverage trading (3x is enough) for learning. Use SL and TP and stay connect to market.
Try to diversify your portfolio. Combination of new and old token will provide moore succes probability.
If you are entering right now use SPOT for 90% of your portfolio and only 10% for leverage.
For SPOT be patient and never sell in loss For leverage always use stop loss.
Never chase the pump, buy red and sell green.
Look at market cap of token, that shows you amount of gains.
Look at circulation supply vs total supply, tokens with small curculation supply will have huge inflation and price drop in future.
Look at tokenomic of each project.
Take profit or someone else will
Learn from each of your mistake
This is example of possible combination for optimal diversification.
$SUI - new, modern, excellent tech $ALGO - older, good tech, low inflation in future $LDO - low inflation, on ETH ecosystem $VTHO - smaller market cap, big gains $XAI - hot narative, huge gains with big risk
For investment: PATIENCE is the key For trading: Take profit a Stop loss is key