Binance Square
LIVE
LIVE
Crypto Queen163
Bullish
--3.1k views
Bitcoin Halving Reduces the Alternative Coins - A.K.A Alt coins prices. This is just a myth just like they told you that the Bitcoin correction would result in declination of the alt coins, particularly the meme coins. But, the reality is that, it's not always the case. If you closely watch the history of Bitcoin - https://latestweb3news.com/is-bitcoin-halving-good-or-a-bad-thing-complete-history/ I have explained how it impacts the alt coins but it's not that bad a thing. Moreover, the price of Bitcoin always grew at least 1.5x after the halving period, meaning it's not that Bitcoin will fall to 30Ks or 50Ks. It may decline to 60Ks but that will probably be due to a major difference in selling and buying rates. Like, for example you buy 10 tokens at $20 and the other guy sells 12 tokens worth $24. That means, the market capitalization will likely drop $4. This way interest in buying will decrease and the price will automatically be down. Now take this to the mega level. Like, billions of trades, in fact, trillions of trade in the case of Bitcoin. So, don't worry and don't sell your token in fact as Warren Buffett claims, the bearish period is the right time to buy and the bullish period is the right time to sell - if you are a pro investor. Hold your $REI $WIF $FET $FIL and $ICP $DOT and obviously, some of the AI coins as much as you can. This bearish period is gonna make you rich. #Memecoins #BinanceLaunchpool #BullorBear #WIF #CryptoQueen163

Bitcoin Halving Reduces the Alternative Coins - A.K.A Alt coins prices.

This is just a myth just like they told you that the Bitcoin correction would result in declination of the alt coins, particularly the meme coins.

But, the reality is that, it's not always the case. If you closely watch the history of Bitcoin - https://latestweb3news.com/is-bitcoin-halving-good-or-a-bad-thing-complete-history/

I have explained how it impacts the alt coins but it's not that bad a thing. Moreover, the price of Bitcoin always grew at least 1.5x after the halving period, meaning it's not that Bitcoin will fall to 30Ks or 50Ks. It may decline to 60Ks but that will probably be due to a major difference in selling and buying rates.

Like, for example you buy 10 tokens at $20 and the other guy sells 12 tokens worth $24. That means, the market capitalization will likely drop $4. This way interest in buying will decrease and the price will automatically be down. Now take this to the mega level. Like, billions of trades, in fact, trillions of trade in the case of Bitcoin.

So, don't worry and don't sell your token in fact as Warren Buffett claims, the bearish period is the right time to buy and the bullish period is the right time to sell - if you are a pro investor.

Hold your $REI $WIF $FET $FIL and $ICP $DOT and obviously, some of the AI coins as much as you can. This bearish period is gonna make you rich.

#Memecoins #BinanceLaunchpool #BullorBear #WIF #CryptoQueen163

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Replies 7
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
@cryptoqueen163

Explore More From Creator

--
Ignore if you still wanna go and ask inexperienced telegram to provide you with free signals. Read if you wanna learn the basic dynamics of crypto trading. 1. So far we have noticed that the listing on Binance creates an hype. You get freebies by staking your BNBs or FUSDs, meaning you gotta have some of these currencies all the time be it 0.2 BNB or 100 FUSDs. What did we learn? Don't throw all your USDTs in trading. Have some of them reserved if not 70% of them. 2. People stake 1B+ FUSDs on newly listed coins on the launchpad. Artificial or you can call it natural boost and hype helps the coin to grow from let's say, 0.5 to 1.2 in no time -in probably 12-15 hours of launching. You get a little declination at tart. Fearful sell with 10-15% profit. Crypto pros wait and closely monitor the incoming and out coming trading data. They take 70-80% profit out which pretty much covers their initial investment. They keep the remaining one in the market- with a probability of floating back to either 0.5 or 1.5. But the gamblers, the typical gurus, they blindly do the trade, they damn care about whether hitting the 0 or hitting the jackpot. I like the enthusiasm of gurus but I wanna be the pro. I want you to play safe. You can't gamble at this stage. 3. Don't listen to guys who say, to the moon, $200, $5, they are just losers and know nothing about the crypto's volatile nature. Up swing and down swings can give you honeymoon feelings and the breakup the other day, and you are broke. On paper, if you have $10 million then tomorrow it could be $5 million. It happens to people. That's why don't throw your whole money in new launches, like $BOME $ENA $ARKM or any other recent launches. It's not that you will lose all. It's that you will need part of 6-8 months to even recover the break even point. And we all can't afford to wait this much longer due to financial constraints. I don't need your TIPS since I feel like $1-10 doesn't help me much, however, if you donate, I will donate all your money to the cause of Ga-za🖤 #BullorBear #BinanceLaunchpool #Memecoins #WIF #ENA
--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs