Binance Square
LIVE
LIVE
ENSIGN TRADING
--9.3k views
HALVING DONE ☑️ - What NEXT? Now the BORING part begins! All the excitement about the Bitcoin Havling and now what?! NOTHING! This phase, I call the BORING PHASE - and the most difficult of all the Phases (Okay Profit Taking Phase is probably the most difficult but that is another post for another day). In the Boring Phase, NOTHING happens, everything is just stagnant; BTC is ranging, entire market is choppy and sideways- No break to the UPside nor to the Downside. Your ALTs are still dancing at the bottom after being halved by the recent dump. Few Memecoins are pumping but nothing major for the entire market to be excited about. YOU HAVE ONE Single job in the BORING Phase - DO NOTHING! Don't get shaken out, don't panic, don't fret! Stay focused. In a few weeks to months, you will wake up and will not believe your eyes. Of course if you have some stables DCA into your high conviction plays and leave some stables on the side for any new opportunities or should any news, push the market a little lower. You survived the biggest Altcoin crash of the year, last week, You have made it. DO NOT get emotional nor impatient, we are about to get rich beyond our wildest dreams! FOCUS on the next 9-12 Months! That is your ONLY job. Happy weekend!

HALVING DONE ☑️ - What NEXT?

Now the BORING part begins!

All the excitement about the Bitcoin Havling and now what?! NOTHING!

This phase, I call the BORING PHASE - and the most difficult of all the Phases (Okay Profit Taking Phase is probably the most difficult but that is another post for another day).

In the Boring Phase, NOTHING happens, everything is just stagnant; BTC is ranging, entire market is choppy and sideways- No break to the UPside nor to the Downside.

Your ALTs are still dancing at the bottom after being halved by the recent dump. Few Memecoins are pumping but nothing major for the entire market to be excited about.

YOU HAVE ONE Single job in the BORING Phase - DO NOTHING! Don't get shaken out, don't panic, don't fret! Stay focused. In a few weeks to months, you will wake up and will not believe your eyes.

Of course if you have some stables DCA into your high conviction plays and leave some stables on the side for any new opportunities or should any news, push the market a little lower.

You survived the biggest Altcoin crash of the year, last week, You have made it. DO NOT get emotional nor impatient, we are about to get rich beyond our wildest dreams!

FOCUS on the next 9-12 Months! That is your ONLY job.

Happy weekend!

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Replies 1
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@ENSIGNTRADING

Explore More From Creator

--
What is Liquidation ? Liquidation is a critical concept, particularly in leveraged trading, where traders borrow funds to amplify their positions. When traders use leverage, they have the potential to magnify their profits, but they also expose themselves to higher risks. Liquidation occurs when the value of a trader's position falls below a certain threshold, known as the liquidation price. At this point, the exchange automatically closes the trader's position to prevent further losses. Liquidation is a risk management mechanism implemented by exchanges to protect both traders and the exchange itself. By closing out positions that have reached or exceeded their liquidation price, exchanges ensure that traders cannot lose more than their initial investment or margin deposit. This helps to maintain the integrity of the trading platform and prevents traders from accumulating unsustainable losses. The liquidation process typically involves selling off the trader's assets to cover the outstanding debt or margin requirements. The proceeds from the liquidation are used to repay the borrowed funds and any associated fees. Depending on market conditions and the size of the position, liquidation can result in partial or full loss of the trader's assets. Traders must be mindful of their liquidation price and manage their risk accordingly when engaging in leveraged trading. Setting appropriate stop-loss orders and monitoring market conditions can help mitigate the risk of liquidation. Additionally, understanding the mechanics of liquidation and its implications is essential for navigating the complexities of crypto trading and protecting one's investment capital.
--
Sitemap
Cookie Preferences
Platform T&Cs