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CRYPTO MECHANIC
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#Agix doing great #Fet lagging. Should give a follow up soon imo. #cryptotrading
#Agix
doing great
#Fet
lagging. Should give a follow up soon imo.
#cryptotrading
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Some of you may have this in mind that i have a $1000 account or $10,000 account and i want to make X amount of money every day. This is a poor strategy. Do not chase the money. learn how to trade and take the trade based on a good setup not because you want to make $100. You will most likely end up taking a bad trade if you're chasing the money.
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The markets will always be speculated. if we remove manipulation/speculation from the market, it will be boring.
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What is halving and how it's bullish for Bitcoin? I'll tell you in a straight way. BTC halving means the mining reward for bitcoin miners will cut in half. The reward will drop to 3.125 bitcoin from the current 6.25 bitcoin. Bitcoin is the most demanded crypto currency right now. As the mining reward will reduce it will slow down the new BTC supply. Now you need to know a basic economic rule. High demand + Less supply = High prices. As demand continues to increase and there will be less supply in the market it will result in the higher prices. That's it .
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Bitcoin Update Beside holding $60k zone that i talked about in all of my BTC updates, The key area to break above is $65500-$67000 zone which is also a lower high on 4hr chart. Once price holds above it, This will likely a sign that "It's over for the bears "
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102 blocks are remaining for BTC halving so it can be today or tomorrow depending on the mining speed.
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