The long-term outlook for cryptocurrencies is clear: BULLISH, especially for the most important ones.
There is also talk lately, even by some governments and companies, of adopting Bitcoin as a store of value, since there are currencies with better characteristics for other transactions.
Historically, the crypto market has collapsed when the stock market went down. So, correlation is important until proven otherwise.
So, the ultimate test for Bitcoin will be to see if, in the event of a stampede on the stock market, money goes as usual to gold, the dollar, the yen or the Swiss franc, or will it act as a safe haven.
If this ever happens, put all your money in Bitcoin because it has a limited number of coins and demand will exceed supply, so the rise in its price can be astronomical.
Also remember that the crypto market is of "recent creation" hence those sudden rises and falls. As time goes by and more and more supports and resistances are drawn on the 📈, the movements will be much more moderate, which would help stabilize the cryptocurrency market and encourage more conservative profiles to enter it.
Exactly, sell at resistances and buy at supports. Beginners do it the other way around and think that their positions are being watched 😀 because the price behaves the opposite way.
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running trader
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If I hadn’t been greedy, I’d have six times more money right now.
In this context, I’m reflecting on situations where coin prices increased by 15-30% or more, yet I didn’t sell, hoping they would climb even higher. The result? Prices often retraced back to my entry point or even lower, triggering stop-losses or reducing my capital.
After experiencing several such disappointments, I’ve adopted a strategy: take profits when prices reach key resistance zones, identified through chart analysis.
Yes, this approach might seem obvious and widely known, but greed is notoriously hard to overcome—it’s no coincidence it’s considered one of the seven deadly sins. The key to defeating it lies in forming personal convictions, maintaining discipline, and celebrating every profit taken. It’s also crucial to remember that the market will always offer new opportunities to find the next profitable entry point.
A very bad habit of any self-respecting trader is to try to 'catch' a movement from its beginning. It is extremely difficult to enter at a trend change and, likewise, to enter an upward or downward movement right from the beginning of it. Moreover, there is a legend among traders that says: “Trying to catch the first and last penny ends up being the two most expensive pennies in the world.” This is due to the difficulty of catching a movement from the beginning. It may be achieved now and then, but not always, which will end up losing more money than is gained.
Well, big rises correspond to nothing less than spectacular falls. This is not new; it has always been this way.
We have seen a practically vertical rise (which we all liked a lot), and now it is time to correct (we don't like that as much).
But there is no hidden hand (just speculators or investors with a lot of money, and their operations can move the market one way or another), like everyone else but without that ability to influence the market.
Corrections are good because they help stabilize the market and purge it before continuing to rise.
Some of the most capitalized cryptocurrencies have hit their all-time highs. Just look at #solana in the weekly or monthly chart. On the other hand, #Bitcoin , which is the reference currency that moves the rest of the market, has hit a psychological resistance (the 100,000) that will be difficult to surpass at first.
Of course, the market, or those of us who make it up, are very fearful; it doesn't take us long to be in negative positions for months or however long it takes, but as soon as our profits retreat a little, we barely take hours to close our operations, or adjust the stop loss as much as we can, which is essentially the same thing.
This is how we achieve a trading history where we can see that our trades with small gains are many, and then we only have 3 or 4 negative trades, but each of them represents astronomical losses. And of course, by acting this way, the curve of our account will always be negative.
So, above all, patience and look at the play in the long term. The crypto scenario has changed. Adoption is unstoppable. There is no turning back. Just a lot of patience, not checking our positions every minute unless we have mental strength of steel, be very careful with the less capitalized cryptocurrencies, and bet strongly, at every pullback, on the most important ones.
How to build a cash cushion to protect yourself from market downturns
When you are trading, do you realize that when the market is falling and you are incurring losses, you generally add more positions to those you already have because you sense that the market will rise again and thus recover your losses sooner? Surely many times the market has continued to fall and what happens is that the losses multiply even more. It has happened to all of us. But let's leave this and see what we should do in case the trend is bullish and goes in our favor.
With cryptocurrencies, you must be very clear that while there may be extraordinary rises, the falls will be of the same nature. You need to have composure and a long-term vision.
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Golden Invest Coin
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Guess Who REALLY Caused Today’s Crypto Crash? The Shocking Truth Revealed 🚨 Guess Who REALLY Caused Today’s Crypto Crash? The Shocking Truth Revealed 🚨 If you woke up to a sea of red in your crypto portfolio, you’re not alone. Today’s crypto crash sent shockwaves through the market, wiping out billions in market caps and sparking fears of another prolonged bear market. But who, or what, is really behind the chaos?
Let’s dive into the root causes, the players involved, and what this means for crypto investors going forward.
The Immediate Trigger: A Sudden Market Shake This morning, Bitcoin plunged over 8%, dragging Ethereum, Solana, and other major altcoins with it. But the big question remains: What caused this sudden collapse?
Let’s dive in… 1. The Institutional Selloff Reports suggest that major institutional players have dumped significant portions of Bitcoin and Ethereum.
Glassnode data shows a net outflow of over $2 billion from large crypto wallets in a 24-hour period. Why this matters: Institutions often act as market movers. Their sales can trigger panic among retail investors, creating a domino effect that accelerates the decline. China Ban Expands: Reports indicate that China is intensifying its ban on cryptocurrencies, even targeting OTC trading platforms. 🔑 Why this matters: Uncertainty around regulations is fueling fear, prompting investors to exit positions until clarity emerges. What Should You Do Now? For Long-Term Investors: Stay calm and avoid panic selling. Use this opportunity to dollar-cost average (DCA) into fundamentally strong assets. For Traders: Be careful with leverage, today’s sell-off proves how quickly things can go wrong.#TopCoinsSeptember $BTC
In ancient times, there was no access to charts or news as there is today, so traders had to fend for themselves to know when the market hit a support or resistance, or was in a bearish or bullish trend. If you have ever delved into it, you have surely heard of the speculator Jesse Livermore. He has a couple of published books about how trading was done in the market back in the nineteen hundreds. Imagine that you have a well-diversified portfolio and the total amount of money you have in your account reaches, for example, 16,000 in FIAT currency (it doesn't matter which currency you are using: euro, dollar, etc.).
Whether you dedicate the whole day to trading or share it with your usual job (in this case, it has even more reason to be), a routine applied with discipline will eventually achieve the desired results after a period of consistent application. You have to allocate the approximate time you have each day (as if you have to make a "schedule" like the one you had in school) among the tasks to be performed. We are going to focus on the time dedicated to trading. As you can imagine, trading is not just about operating in the market.
"Where to exit a profitable position trying to achieve the maximum return?". Almost nothing, or .... almost everything :) From the moment we understand that we cannot know what will happen in the future, this unknown belongs to the realm of darkness. Many times you close and regret having done so as the price continues to advance... Other times you close and regret not having done so, as waiting reduces the benefits... But what I have observed up to now has been the following:
How should you trade intraday data? The danger of not closing losing positions
One of the biggest dilemmas that traders face when trading is what to take into account when opening a trade. Charts? News? Macro data? Most people go for everything at once, and the truth is that to achieve consistency in trading, although all traders go through the same stages, there are different paths to reach the goal. The problem with doing what everyone else is doing is that you will either do the same thing or get the same results.
The number of French people seeking information on how to buy cryptocurrencies is increasing due to the poor economic outlook of the country.
It doesn't seem like there will be a bank run where everyone loses their savings, as happened in Argentina, but given the gradual rise in their risk premium, they surely see putting some of their money into crypto as a good idea.
Attention to the Solana chart. Its price is about to surpass historical highs.
Will it find resistance? It will probably indicate a price pullback at that point. Let's remember that many traders have been trapped at that level since the end of 2021, and of course, they will likely want to recover their money.
But the overall market trend seems very bullish, and if it surpasses its historical highs, it will not only signal that significant increases are coming for Solana but will also be a bullish indicator for the rest of the crypto market.
Therefore, every pullback in the current situation is an opportunity to accumulate at lower prices.
A) Technical analysis, fundamental analysis, moon phases and other demons are all aimed at finding a way to predict future market movements based on past quotes. Therefore, all the techniques you can use to open a position are subject to a percentage of reliability. Some have a higher percentage and others have a lower percentage. That is, when you open a position, you have x probabilities of success but never the certainty that it will be the operation you are looking for.
Have you not felt, in the recent escalation of the Ukraine War, the concern that your savings in FIAT were unsafe and the need to look for a safe haven and that this refuge pointed to Bitcoin?
The security that if you have to move or want to flee to another country you will be able to have your cryptocurrencies wherever you go, which is not the case with FIAT money.
In Venezuela you cannot take your possessions out of the country, but if you convert all their value to crypto things change... 🙂
The truth is that if you look at the logarithmic graph of Bitcoin and draw a parallel line (drawing a channel) to the oblique support on the weekly historical graph you will see that the projection takes us to quotes close to $200,000
There is no merit to it. In a bull market all bearish patterns fail and in a bear market all bullish patterns fail...and we are in a bull market.
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Crypto Breaking
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Cardano Price Breakout: Bull Flag Rally Points To Another 50% Surge
Crypto analyst CoreCrypto has predicted that the Cardano price could enjoy a massive breakout soon enough. The analyst highlighted a bull flag-like structure that could cause Cardano to enjoy another 50% price surge.
Cardano Price Breakout On The Horizon
In a TradingView post, CoreCrypto stated that the Cardano price is showing strong bullish momentum and is breaking out from a bull flag-like structure, with a successful retest confirming this move. The analyst added that the support is holding firm, signaling a potential rally ahead. In line with this, he stated that now is the time to long ADA and accumulate more within this range.
For those looking to trade ADA, the analyst stated that the entry range is at the current market price and that they could add up to $0.98. Meanwhile, he set four targets for this long trade. The first target is $1.08, the second is $1.24, the third is $1.36, and the fourth is $1.49, meaning the Cardano price could enjoy up to a 50% surge from its current level.
Meanwhile, the analyst told traders to put their stop loss at $0.92. As to why this analysis matters, CoreCrypto stated that this setup points to a decisive bullish breakout for the Cardano price. With the confirmed retest and strong support levels, the analyst said it looks like an excellent opportunity for traders.
The Cardano price undoubtedly boasts a bullish outlook, especially since whales are actively accumulating ADA. This indicates that these investors are bullish on the crypto and expect future price increases. NewsBTC recently reported that whales bought over 130 million coins as demand for the crypto continues to skyrocket.
IntoTheBlock data also shows that ADA’s large transactions have surged by over 5%, which paints a bullish picture for the Cardano price. Meanwhile, the ‘Net Network Growth’ metric is also bullish at the moment, meaning that investors are actively using the Cardano network.
ADA Could Rally Up To $10 In This Bull Run
Crypto analyst Dan Gambardello has predicted that the Cardano price could rally up to $10 in this bull run. His prediction came as he discussed Cardano crossing the $1 milestone. He stated that now that ADA has crossed this price mark, it is great to see a consolidation and redistribution among holders.
Once this consolidation and redistribution phase is over, Gambardello believes that the Cardano price can focus on its rally to $5 and then $10. In an X post, crypto analyst Sebastian said Cardano looks promising. He predicts that a price breakout could happen soon, followed by a restest and then “moon.”
At the time of writing, the Cardano price is trading at around $1.06, up over 5% in the last 24 hours, according to data from CoinMarketCap.
Source: NewsBTC.com
The post Cardano Price Breakout: Bull Flag Rally Points To Another 50% Surge appeared first on Crypto Breaking News.
A very important aspect that makes the difference when investing in cryptocurrencies:
First, you have to select the projects based on their quality. It is very difficult to get one of those projects that go up 50X (most likely you will lose all your money in the attempt) or, in the case that you get it right and its price goes up astronomically, there is no liquidity to sell when you want, so if you manage to sell, you will do so at a much lower price than you intended, so it may be that after being lucky in your choice and also waiting so long for it to go up, your profits will be minimal.
On paper, all the projects are fantastic, they are all going to do this or that, but reality changes quite a bit, and many of them disappear in the crypto-winter.
Therefore, quality projects and waiting and monitoring all those macro aspects that are actually the ones that create the primary trends in the market, such as the outlook for inflation and interest rates or political events such as the one we are currently experiencing: the election of a pro-crypto president.
What you say is quite utopian and worthy of a science fiction movie. It is well presented but it is not very realistic.
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the lord of the Crypto
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"Elon Musk might be the mastermind behind Bitcoin because it seems unlikely that anyone else in the world could create a new digital currency, remain completely anonymous, and gain implicit support from the United States. If someone else had invented Bitcoin, the U.S. would have likely uncovered their identity quickly and shut down the project, especially if it posed a threat to its economy. Instead, the U.S. allowed Bitcoin to thrive.
During Donald Trump's presidency, Elon Musk played a significant role, almost like an unofficial minister in the government. He even encouraged Trump to adopt a favorable stance toward cryptocurrencies like Bitcoin.
However, there is a concerning aspect to this: If Elon Musk is truly behind Bitcoin, the currency might have been created as a tool to pay off U.S. debt. When Bitcoin's market value matches the level of U.S. debt, the currency could suddenly lose all its value, possibly through a global internet shutdown or another method.
In such a scenario, all Bitcoin investors would lose their money, and the funds would be redirected to strengthen the U.S. economy. Elon Musk would become the richest man in the world, while America cements its position as the strongest economic power.
For this reason, we advise all Bitcoin investors to be cautious, monitor the market carefully, and withdraw their funds once they achieve reasonable profits to avoid unexpected losses. Thank you."
Let's not fool ourselves; as of today, Bitcoin is not a safe-haven asset like the Yen or Gold. Rather, it's an asset that so far has largely avoided macroeconomic issues but tends to amplify declines when stock markets fall. While some investors seek diversification in cryptocurrencies, the reality is that Bitcoin has not proven to be immune to global risk events, and its high volatility is a clear reminder of that.
That said, this doesn't mean that sharp declines in the crypto market don't offer great buying opportunities. In fact, for traders with a long-term vision who understand market cycles, these corrections can represent excellent entry points. Buying in the midst of panic when prices are significantly lower is a strategy that has yielded good returns in the past, but it requires iron discipline.
#DCA
- Strategy: Analyze the crypto market to identify a good selection of coins to invest in when the macro environment is in our favor.