Since the markets are bleeding you have to make important decisions. When choosing whether to hold or sell you shouldn’t make any rash decisions that you might regret later. Every investment choice should be made from a neutral point of view with no emotions involved. The crypto space is very volatile so you can’t match volatility with volatility. $BNB $SOL $BTC #CryptoMarketMoves #LowestCPI2021
The markets haven’t been moving much as of lately as investors are eagerly waiting for big news regarding the crypto space. Coins like $BNB are able to keep investors from selling off the coin due to launchpool events that pay handsome rewards for staked tokens. Do you think this approach should be adopted by other coins or crypto exchanges to improve uptrend in the crypto space? #BecomeCreator #BinanceLaunchpoolDOGS #LowestCPI2021
Currently the markets have been trending sideways or even downwards. Altcoins have been suffering since March of this year. Some even falling below their market cap from August of last year. Other large caps like $BNB have still been holding strong throughout this volatile period. Popular alts like $RENDER and $FET have fallen below half of their March highs. What’s your opinion on the market direction the next few months? #Volitality #MarketDownturn #interestrate
As the halving closes the markets will enter a very volatile state! Make sure you have stop losses in place if you’re trying to avoid a massive drop. $BTC $SOL #bitcoinhalving #Megadrop #BullorBear
As the halving is closing in we have to decide what narrative we’re going to follow…
I’ve heard one side believing that the markets will tank before reaching a new all time high. Pretty much following the way of the markets the last two bull runs. Many coins reaching prices we could’ve never imagined. $BTC to 200k or $ICP to above 200 dollars I’ve seen it all.
On the other hand I’ve seen bearish points of view due to the amount of increase we’ve already seen since last year. Some argue institutions will have a negative effect on crypto causing stagnation due to the Bitcoin ETF. They see the bull run coming at a later time maybe in the next few years.
I personally don’t know that’s why I’m trying to invest into solid projects I know will be around in the next 5 years. If the market goes up so will they. If the market retreats I know they’ll be here for whenever the bull run decides to come around.
What is your preferred platform when looking for a crypto to invest to?
When looking for which crypto to buy it’s easy to fall into influencers traps. Many push cryptos they’re sponsored to talk about which leads to uninformed investors getting burned - especially if it’s a low cap crypto. Although there are some genuine crypto experts it’s often hard to filter out the good from the bad. Always make sure you do your own research. $BTC #BullorBear #InvestmentDecision
I can’t stress enough how important it is to take profits. Don’t always expect your coin to infinitely rise until you’re a millionaire. If you don’t realise profit you haven’t gained a single penny. Yes you might lose out on potential gains. But if you at least take out your initial investment you are giving yourself insurance. Greed can cause you to lose all your money and be used as exit liquidity for all those whales out there. Us retail investors MUST take profit and fight greed!!!
If you’re new to the crypto space and trying to make money, don’t go all in on meme or low cap coins. Try to make yourself a plan, taking risks into consideration. Risk management is one of the most important things in crypto.
Allocating 25-50% of investments in the top coins like $BTC or $ETH can be good to store value besides USDT. These coins should be around in the next 5 years so you won’t have to worry about it dropping to 0. Another 25% can be invested into mid cap coins in the top 200 cryptos. Finally for your final 25% you can search for low cap gems while taking your research and risk management into consideration.
Always remember to take profit and do your own research! Comment your favorite alt coin down below. #dyor" #Memecoins #BullorBear #Altcoin
Although this retrace has went on longer than expected make sure you keep the tokens in mind that have still been performing well. AI tokens like $FET and $RNDR have been recently staying pretty consistent. Keep these types of coins in mind if you thinking buying the dip. A helpful tip might be to dollar cost average into resilient coins to profit from the dip. Butch’s always #DYOR!! #HotTrends #buythedip
Remember to leave your emotions at home when investing in crypto. Especially during this pullback. This is one of the most volatile markets you can be involved in so be aware of the risks when investing! Don’t forget the reasons you began investing, whether it’s for quick profit or long term investments. Don’t allow market swings to influence your goals and reasonings for investing. Be true to yourself! #HalvingHorizons #EmotionalControl #HotTrends
A lot of “crypto gurus“ preach investing into small cap cryptos for 100x gains. With some solid projects this can be true. Others end up investing in coins that never reach that over-ambitious goal or might even end up going to zero. Don’t be afraid to invest into larger caps such as $FET or $RNDR especially if they fit the current narrative. You can still make good profit if you plan your buys strategically. Although you might not only want large caps like $ETH and #BTC it’s very important to have a well-diversified portfolio to minimize losses. Look for cryptos that have potential to be around in the next 5 years and not just this bull run.
Trading crypto has many highs and lows. Highs seeing your portfolio grow by 10% at 9am. Lows opening your phone 2 hours later to see you’re down 20%. I remember my first crypto investment like it was yesterday. I FOMO‘d into $DOGE at roughly $0.60. After Elon Musk went on SNL I saw my investment plummet. So My question to you guys is: What’s been your biggest loss since you started investing in crypto? #BigLoss #FOMO #HotTrends
Remember to leave your emotions at home when investing in crypto. This is one of the most volatile markets you can be involved in so be aware of the risks when investing! Don’t forget the reasons you began investing, whether it’s for quick profit or long term investments. Don’t allow market swings to influence your goals and reasonings for investing. Be true to yourself!
If you’re looking for the right cryptos to buy after this pull back, maybe take a look at the best performing coins right now. Projects like $RNDR that fit the future narrative, haven’t seen much negative impact from the current situations. It wouldn’t be farfetched to expect more upside movement, once the market pullbacks have stabilised. If you guys have noticed any similar movements comment them below! #BTC #HotTrends #DYOR!!
As many successful investors say: be greedy when everybody is fearful and fearful when everybody is greedy. Many of you have been waiting for the perfect entry to join the bull run and this could be the perfect moment to accumulate some of the coins that have been pumping well the past few months. But make sure you do your own research and don’t take this as financial advice! #DYOR #NFA #BullishMovement $FET $BTC $GRT
If you think you’re too late to the bullrun take a look at the past cycles and realise we’re not at the peak yet. Make sure you don’t get too greedy and always remember to take profits.