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The guys saying the cycle has topped will be buying back in at the actual top.
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What’s the best way that you can profit quickly in crypto markets? If I had to guess I’d say: Coins that have ALT/BTC strength post large liquidations. Here’s how you can find them to make outsized returns. When the market has huge liquidations there’s always the strong possibility of a mechanical relief bounce where you can make money. You need to quickly identify the fastest horses. You then need to have invalidations set up. It’s simple: 1: Risk management Your invalidation is if Bitcoin goes back down to $55k. That’s weak support, I don’t want to hold there. To hold onto your positions for further upside we need to see a daily close above $60k. A daily close below $60k makes me cautious. You got to have some risk management in place, I’m not going to hold your hand, there’s no free lunch in the market. 3: Coins These are the coins I’ll expect to continue to outperform short term if Bitcoin plays balls. $SUN $MEW $POPCAT $DOGS Not financial advice, never financial advice. It’s quite straight forward. The hard part is risk management. When do you cut them? When do you take profit? I like to rely on Bitcoins price action to tell me. If you enjoyed this post, follow me and leave a like 👍 #RiskManagement #BitEagleNews #Bitcoin
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BREAKING: The FBI just issued a warning - North Korean hackers are attempting to steal Bitcoin & crypto funds from the ETFs. #etf #Bitcoin #BitEagleNews
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JUST IN: 🇺🇸 Over $1.05 trillion was wiped out from the US stock market today.
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If I had bought in 2020, closed my charts and stopped looking at social media until late 2021... I would probably have cleared $2 mill. Instead, I ended 2021 with a fraction of that. My honest advice for most of you is this. 1. Get off of social media. 2. Stop staring at your charts. 3. Enjoy your life and let your bags grow. Crypto is the most manipulated market in the world. The manipulation starts with the charts and spreads through social media. They induce fear when prices are low, so you sell. And euphoria when prices are high, so you buy. I don't care if this costs me engagement or whatever. Stop following me. Stop following other influencers. Stop staring at your charts. #BullRun #Bitcoin #BitEagleNews
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