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MNB Capital
@MNB_Capital
Crypto & FX market speculator and investor
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🚨WARNING!...SAVE YOUR FUNDS!
YOU THINK IT IS JUST BUY AND HODL?
THINK AGAIN📌
A misleading concept is trending right now. Massive amount of people think it is just buy at any time when cryptos like BTC,ETH,PEPE e.t.c., are in bullish mode and HODL...If you are doing this, you are a ticking bomb waiting to EXPLODE sooner than later.
Ever heard of a common sying "Buy low, sell high?"...Majority of people get it wrong
Buying Cryptos at any time and holding is relying on luck!...That is why the majority always end up buying the high, when the market is RISKY and about to turn to bearish mode...No much time passes before the market turn on them and incur painful losses...The reason behind is THEY BOUGHT AT THE WRONG TIME ....They bought the high instead of the low.
THERE IS SOMETHING YOU HAVE TO KNOW BEFORE JUST BUYING!
The best investors know that the right time to buy is when the market is not risky. What I mean is when prices are low (WHEN THE BULLISH move is JUST STARTING).
NB 1:Dont get me wrong! I only buy assets that are in general up trend and not downtrend. So the word "buying cheap" to me means spoting an up trending market, patiently waiting for the pullback phase to end and buying when the impulsive move just starts
NB 2:The right meaning of buying cheap is...knowing the market you are in is in uptrend, waiting for pullback phase to end and the impulsive phase to just begin then ACTING!
Looking to buy a downtrending asset something which you should not do...This concept of looking for low prices cheap will kill your portfolio...Because, you will be buying cheap in a market that its prices are expected to become even more cheaper...YOU WILL BE OPPOSING THE MARKET, which is the worst thing to do in this arena.
I use trendline strategy to spot the overall direction of the market, then I use the counter trendline break on reasonable timeframes like the 2H, 4H as an entry criteria.
BUY AT THE RIGHT TIME AND HODL, DO NOT CHASE FOMO (Fear of missing out) like what is going on RIGHTNOW, where the markets are risky and may soon turn the table.
YOU THINK IT IS JUST BUY AND HODL?
THINK AGAIN📌
A misleading concept is trending right now. Massive amount of people think it is just buy at any time when cryptos like BTC,ETH,PEPE e.t.c., are in bullish mode and HODL...If you are doing this, you are a ticking bomb waiting to EXPLODE sooner than later.
Ever heard of a common sying "Buy low, sell high?"...Majority of people get it wrong
Buying Cryptos at any time and holding is relying on luck!...That is why the majority always end up buying the high, when the market is RISKY and about to turn to bearish mode...No much time passes before the market turn on them and incur painful losses...The reason behind is THEY BOUGHT AT THE WRONG TIME ....They bought the high instead of the low.
THERE IS SOMETHING YOU HAVE TO KNOW BEFORE JUST BUYING!
The best investors know that the right time to buy is when the market is not risky. What I mean is when prices are low (WHEN THE BULLISH move is JUST STARTING).
NB 1:Dont get me wrong! I only buy assets that are in general up trend and not downtrend. So the word "buying cheap" to me means spoting an up trending market, patiently waiting for the pullback phase to end and buying when the impulsive move just starts
NB 2:The right meaning of buying cheap is...knowing the market you are in is in uptrend, waiting for pullback phase to end and the impulsive phase to just begin then ACTING!
Looking to buy a downtrending asset something which you should not do...This concept of looking for low prices cheap will kill your portfolio...Because, you will be buying cheap in a market that its prices are expected to become even more cheaper...YOU WILL BE OPPOSING THE MARKET, which is the worst thing to do in this arena.
I use trendline strategy to spot the overall direction of the market, then I use the counter trendline break on reasonable timeframes like the 2H, 4H as an entry criteria.
BUY AT THE RIGHT TIME AND HODL, DO NOT CHASE FOMO (Fear of missing out) like what is going on RIGHTNOW, where the markets are risky and may soon turn the table.
SHOCKING TRUTH!
IT WILL SAVE YOU MONEY
DON'T INVEST IN CRYPTO BEFORE KNOWING THIS📌
Sometimes back during the late 2021 BTC bubble, I started investing in crypto. I just bought anything and any hyped crypto that was within my abilities.
A few months later everything went down! Bitcoin started dropping, the likes of doge, Mana e.t.c.,
Guess what I was still buying since it was cheaper! POOR Me!
I didnt know the truth until late 2022 after encountering severe losses.
HERE are the 5 things that will save you (No 2 will blow your mind🤯)
1.Every altcoin follow the track of BTC
If BTC is bullish everything else (80% of altcoins) will automatically be bullish and viceversa in the bearish case.
2.Buy assests that are in uptrend, Sell assets that are in downtrend.
This is where the 99% get it wrong, they are obsessed with one direction of the market [BULLISH], In the end, they just buy assets without knowing if the asset is in uptrend or downtrend. They buy assets that are falling down as it happened to me when i started investing. STUDY PRICE ACTION (Know when markets are in uptrend or downtrend)...You ONLY have buy assets that are in uptrend in Higher timeframes like 1D 1W, 1M, Sell the assets that are in major downtrend)...IT WILL SAVE YOU MONEY
3. Don't go with the gurus' hype on certain assets...it only works if you know price action otherwise you will fall on your nose if you dont know the price action
4. IT IS NEVER CHEAP OR EXPENSIVE IN CRYPTO
I know some of you might be thinking that, you only have to buy assets that are very low in value...NO!...it doesn't work that way...Cheap in the market has deceived every investor and Expensive in the market has made people miss out on good opportunities.
ONLY PRICE ACTION WILL SAVE YOU.
5.RISK MANAGEMENT...It is consistent risk approach that is profitable, otherwise you are lying to yourself.
If you invest it all in one position, you might be lucky 1% of the time...but 99% of time you will lose.
Better risk consistently little by little in every position...You will last longer in this game.
IT WILL SAVE YOU MONEY
DON'T INVEST IN CRYPTO BEFORE KNOWING THIS📌
Sometimes back during the late 2021 BTC bubble, I started investing in crypto. I just bought anything and any hyped crypto that was within my abilities.
A few months later everything went down! Bitcoin started dropping, the likes of doge, Mana e.t.c.,
Guess what I was still buying since it was cheaper! POOR Me!
I didnt know the truth until late 2022 after encountering severe losses.
HERE are the 5 things that will save you (No 2 will blow your mind🤯)
1.Every altcoin follow the track of BTC
If BTC is bullish everything else (80% of altcoins) will automatically be bullish and viceversa in the bearish case.
2.Buy assests that are in uptrend, Sell assets that are in downtrend.
This is where the 99% get it wrong, they are obsessed with one direction of the market [BULLISH], In the end, they just buy assets without knowing if the asset is in uptrend or downtrend. They buy assets that are falling down as it happened to me when i started investing. STUDY PRICE ACTION (Know when markets are in uptrend or downtrend)...You ONLY have buy assets that are in uptrend in Higher timeframes like 1D 1W, 1M, Sell the assets that are in major downtrend)...IT WILL SAVE YOU MONEY
3. Don't go with the gurus' hype on certain assets...it only works if you know price action otherwise you will fall on your nose if you dont know the price action
4. IT IS NEVER CHEAP OR EXPENSIVE IN CRYPTO
I know some of you might be thinking that, you only have to buy assets that are very low in value...NO!...it doesn't work that way...Cheap in the market has deceived every investor and Expensive in the market has made people miss out on good opportunities.
ONLY PRICE ACTION WILL SAVE YOU.
5.RISK MANAGEMENT...It is consistent risk approach that is profitable, otherwise you are lying to yourself.
If you invest it all in one position, you might be lucky 1% of the time...but 99% of time you will lose.
Better risk consistently little by little in every position...You will last longer in this game.