#Altcoins are in a bull cycle, but how to handle flash crashes?

Today has shown that altcoins are super volatile.
They are able to drop by 10% when $BTC sneezes.

They are certain strategies that you can follow through those times.

Let's discuss flash crashes on #Altcoins. ⬇️

The markets are trending upwards, however, the sentiment can change in the blink of an eye.

Some bigger altcoins have been running upwards by more than 200% in a single week, erasing the bear market of the past three years in a single week. Don't get me wrong. We're in the same stage as in 2020, through which the sentiment is still overly bearish and therefore, the potential expectations for peak bull market valuations for those altcoins are also ridiculously low.

I don't expect Bitcoin to peak at $150K, I rather expect Bitcoin to peak at $500K and I tend to believe that we'll have a longer cycle due to the insane amount of liquidity being added to the markets + the trend switch on macroeconomics yet to happen.

Now, back to altcoins.

➡️They are super illiquid and when the sentiment is positive, people tend to overleverage themselves on illiquid assets to make more money.

Simple.

This means that, once the markets are rotating, the long positions are getting liquidated/stopped out, however, the liquidity that comes back into the order books through those forced sells is way larger than what the markets can absorb.

Especially in an event where Bitcoin makes it standard 5-10% correction on a day to take the liquidity on the long side.

This is likely going to cause a chainreaction across markets with deep wicks of corrections of 20-40% on the markets for altcoins.

That's where they come from and that's what I mean by 'flash crashes'.

What are strategies for those periods?

1 - The best thing is to be patient and to accumulate your altcoin positions NOW. In this accumulation period is the easiest period to be building those positions as the markets haven't gone vertical, yet.

🥺Thrilling development for #crypto enthusiasts!

The US SEC has given the green light to the inaugural spot #Bitcoin ETF.

Commissioner Hester Pierce deems it overdue by a decade, foreseeing substantial effects on #DeFi, #BTC, #ETH, and #Altcoins.
What are your thoughts on whether this signals a new era for #cryptocurrency? Comment below!👇

Tomorrow, I will chart three #Altcoins.

Let me know which ones I should do.
👇

$ALT

Don't miss this it....
Grab the really with trend...

Market super bullish.
Soon big pumps coming on Altcoins.
Accumulate some #ALT/USDT now.Next target 0.50$
Already we buy #ALT at 0.29$ still cheap for buy it.

If $BTC touch 50k and stabilise then a massive pump coming on #Altcoins.

Don't forget to buy layer 2 coins - $ARB ❤️

Share & Like

Exciting news for #cryptofans !

The US SEC has granted approval for the first spot #Bitcoin ETF.

Commissioner Hester Pierce believes it's a decade overdue, but the market could see significant impacts, benefiting #DeFi, #BTC, #ETH, and #Altcoins.

Your thoughts on whether this marks the beginning of a new era for #cryptocurrency?

Share in the comments!

♦️ Bitcoin dominance - $BTC .D♦️

The dominance of $BTC has more lives than a cat.

In the last 24 hours the situation is becoming clearer with interesting movements in the daily chart indicators and in the price.

The current analysis suggests that it is going up in the short term and my focus will be on the Fibonacci levels of the decline of the last few weeks

👉 If this is true, where will the market go?

👉 Remember that the dominance of btc increases in two scenarios:

$BTC is very bullish and attracts market liquidity from #criptomonedas rising strongly.

$BTC shows weakness and investors protect themselves in Bitcoin vs. #Altcoins. rising strongly.

$BTC shows weakness and investors protect themselves in Bitcoin vs Altcoins.

⛔ Conclusion: For now, without strong movements and in neutral territory, 54.5% - 55.5% although with a bullish perspective in the short term

📌 If you find this information helpful, consider supporting me.Follow me and like,share,quotes this post.. Your generosity helps me provide quality content.

#Megadrop #BinanceLaunchpool #bitcoinhalving

If you are investing less than $20,000:

You shouldn’t be holding more than 5 #Altcoins.
They should be a mix of Micro Caps & Low Caps.

Micro/Low Cap examples: $RIO $TRIAS $CHNG $SPACE $VRA

If you are investing $20,000-$50,000:

You shouldn’t be holding more than 10 #Altcoins

They should be a mix of Low & Mid Caps.

Mid Cap examples: $QUBIC $DAG $AZERO $ROSE $NAKA

If you are investing above $50,000:

You shouldn’t be holding more than 20 #Altcoins:

They should be a mix of Low/Mid/High Caps.

High Cap examples: $QNT $KAS $TAO $INJ $RNDR

Diversification is great.

But only when you have a large amount of capital already.

Micro/Low Cap Altcoins are how you create generational wealth.

Mid/High Cap Altcoins are how you keep it and expand upon that wealth.

For reference:

Micro Caps = 0-10M Market Cap
Low Caps = 10-100M Market Cap
Mid Caps = 100M-1B Market Cap
High Cap = 1B+ Market Cap
#BinanceTournament

You are still relative early to #Altcoins.

#ALTCON #bullish #trending

The markets are heating up for a strong October and November.
That's why you want to be positioned into strong #Altcoins.
$OM is one of them, only 24% down from the ATH, it's looking primed for a strong continuation in the next 45 days with OMtober loading….

Big movements across the markets for #Altcoins.

Uptober it is!

FTX will begin distributing $16 billion to its creditors starting on upcoming monday.

Most of that liquidity will come back into #Bitcoin & #Altcoins.

The end of the bear market is indeed in this range, as $ETH runs upwards.

Potential bearish divergence on the #Bitcoin dominance.

Expecting upwards momentum from here on the #Altcoins.

FTX will begin distributing $16 billion
To its creditors next week.

Most of that liquidity will come back into $BTC & #Altcoins.

You are not bullish enough...

#BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #NeiroOnBinance #CATIonBinance