Every time Bitcoin hit the bottom band. Bitcoin was undervalued. Every. Single. Time.
This time isn’t any different. Sure, the downside’s 10%, maybe 20%. Boo-hoo. But the upside? It’s generational wealth. The kind that makes people look at you different. The kind that makes your ex hit you up like, “Hey, how’ve you been?”
DCA and chill if you're an investor.
Or wait for strength and re-enter on an uptrend if you're a trader.
My tweets are very time-sensitive (the market moves fast).
From now on, I promise to share all my moves publicly for everyone to see.
If you want to succeed, all you have to do is follow me.
Big things are coming this year. Let’s keep fighting Wall Street and win together 🤜🤛
Spot trading is a term used in financial markets to refer to transactions that are executed immediately at the current market price.
Main characteristics of spot trades:
🔵The transaction is completed immediately after the buyer and seller agree on the price. Unlike futures or options, where the trade execution happens in the future, spot trades are executed right away.
🔵The price at which a spot trade is executed is called the spot price. This is the current price in the market at the moment the trade is made.
🔵In the case of commodities such as oil, gold, or agricultural products, a spot trade usually implies physical delivery of the commodity within a short period after the trade is made (e.g., within two business days).
Advantages:
🔵Spot trades are simple and transparent as they are executed at the current market price without complex conditions.
🔵The buyer immediately becomes the owner of the asset, which is particularly important for those who want to quickly obtain the goods or currency.
Spot trades are the simplest and most direct way of trading on financial markets. They allow buying and selling assets at the current market price with immediate trade execution.