I know this seems a little out of place, but I have been seeing a lot of people here having a hard time with the current market, and itâs absolutely understandable, it all can go to the drain as fast as lightning âĄïž, but it can also turn around just as well.
To be honest, I was just a few % away from joining all the ones who have endured heavy losses today, the market is really crazy.
Itâs really messing with our mental stability.
But just wanted to share this one thing, Never Give Up my friends, you just need to analize and just use your common sense in the trades you make, and more times that not, things will go your way.
This affects most crypto coins, big or small, now is not the time to be investing in #futures , the market is very volatile and impending loss is sure to follow.
I would advise to stop listing to pseudo-investors and their so called sure thing winning strategy, it doesnât work, believe me.
We should just ride this out and not let ourselves fall victims to FOMO (fear of missing out), itâs hard, I know, but this fear is what the big players are waiting for.
If you already have #futures running, I just hope itâs on a stable coin or at least one that is not so much affected by the current trend, and you have set up a good SL (stop loss) point, canât do anything without it.
This too shall pass, we just have to HODL some more đ.
Scalping, basically, is the trading strategy of buying a coin on a dip and selling on a bump, all in a short period of time.
I know there are a few really good traders who practice this strategy with mediocre to good success, and they do incourage others to follow this trend.
In my opinion (and it is just my opinion based on my own experience) the #scalping strategy works well with a larger amount of coins at a time, and implies quite some work, and research to be done on your part (DYOR as always đ§), if you want it to be done right, you can just jump right in and do it, but I do recommend some well thought out strategy and research on the best moment and coin to use.
I think the best way to do it is by using the 15min graph, and by using a fluctuating coin, that doesnât stick to usual patterns of long periods of upward or downward movements.
đ„ Disclaimer: This tactic presents a higher risk of loss, so please DYOR (do your own research), and only stake what you are willing and able to lose. đ„
Iâm curious if any of you find this tactic as effective and if you would recommend this to others ?
The market seems to anticipate this event, since most crypto are more or less dependent on $BTC movement, either by buy/sell orders being placed, or by holding onto assets purchased, we are all đ on our special coins we secretly wish would explode.
Some big buyers are speculating in the market, waiting for the inevitable drop that will come, not 4h from now after the #bitcoinhalving .
Donât be fooled by what others want you to think or see, the market wonât just magically hit record highs immediately after the halfing, it will go down for a few days. Even if we will have some surprises on some crypto that will jump high in gains, unexpectedly. - if we only knew which one đ
So be strong, hold your ground, some might not get the results they hope for, but Iâm sure most of us will have something to gain for our patience and restraint đȘ
While being in the same trend as most coins, mostly downward, there have been some interesting things happening today.
In under 10h it went from being appraised at little over 120$ to over 147$, quite the evolution, taking into account the current market trend.
Great job to those that profited from this đ and keep on riding it. đ„ł
If you have enough liquidity to join this wave in the future, it would be a great opportunity, $SOL has a great chance of making some people rich without having to be pseudo-whales.
Letâs keep on watching the market and ride the đ that best suits our prospects.
I see many people talking about the Lauchpool option here, mostly on a negative note, many regarding the latest $OMNI launch.
Donât think that the Launchpool is just a scam because some coins donât come out at the price people presumed they would.
It is always a risk to jump in and buy at the first second, the value might be totally blown up, the main factors here being the ever present âbid vs askâ, sometimes it pays off, most times it doesnât.
You just need to DYOR (do your own research) and trust in your judgement, of course taking into account you level of risk of loss.
Just remember, if it works for some, it might work for you as well, just donât push over your accepted limit, but you need to overcome your own fears.
I know you might have heard #ENA has great potential and alot of backing behind it, but that is nothing new with newly launched coins, everyone sees a possible gold mine there.
But the fact of the matter is that there is actually some truth behind the hype surrounding #ENA and it has been seen by all of us these past few days, by the relative stability that this coin exhibited.
Not going to bore you all with graphics in đ or đ trends, and potential implications of it going up or down, neither am I going to advise you to go on a buying or selling frenzy here, but I do have to say that some of the traders here have been quite right in their assessment of $ENA , and I have been quite surprised by their accuracy, some advice that I even followed to a good degree and with a good outcome.
So to anyone interested in this coin, as always DYOR, but I do highly recommend looking into the whole project regarding the $ENA coin.
Either way you look at things the market is still moving forward, even if we are in mostly downward spiral at the moment.
With everyone looking to the #bitcoinhalving and not knowing what to expect, all I can say is for sure the market wonât just recover in an instant and just shoot to the moon in the first minute.
The #bitcoinhalving isnât necessarily a good thing, but also not really a bad one either, who has the possibility to buy $BTC right now, will most likely have a good incentive to do exactly that. The whales, everyone talks about, have their plans well set out by now, although nothing is guaranteed.
So, donât let yourself be overly discouraged or empowered by anyone who has an opinion on whether the market will rise or fall in the next few days or even months, just adjust your play in accordance with your own capabilities and risk assessment, and always DYOR.
Well, wasnât $OMNI just a slap in the face for everyone who thought there would be something of real value here ?!
Sadly the reality of things brings everyone with their feet back on the ground.
For those who have invested in $OMNI and keep hanging on, all I can say is âgood luck my friendsâ đźâđš, I do hope things change, but I have to be honest, things are not looking bright at all.
For those who have chosen to distance themselves from it, I say âwelcome to the clubâ đ, letâs set our sights for other endeavors, where we might fall and get back up again.
Have a good one everyone and donât forget to DYOR.