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Jay - Web3 Matters
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What’s your level of understanding #BTC ? Level 1: What is Bitcoin? Level 2: Haha, BTC is just gambling! Level 3: I’ve missed the BTC boat. Level 4: I hold BTC, ETH, and XRP. Level 5: I exclusively hold BTC. Level 6: BTC is the solution to world problems 😀
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altseason !
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We are currently in a bullish trend, but remember, even in a bull market, dips are normal. If we see a pullback, stay calm and be prepared. It's still not the right time to sell. **Altseason** Altcoins have been primed for a pump, but their charts are still trending sideways. Some are showing strong performance due to support from significant market makers. Altseason will arrive. Major players have stocked up on cheap coins, ready to drive retail FOMO. Here are two scenarios: - Altseason could begin soon and continue through the end of January 2025. - Alternatively, it could start in the spring of 2025. When it hits, expect a rapid, sharp rise. Those who hesitate might end up buying at peak prices, so keep this in mind. **Memecoins** This cycle will be characterized by one meme or another, following internal trends. You can either take risks or wait for altseason. Key takeaway: avoid FOMO. Most “millionaire” posts are likely from insiders or engagement farmers. Even if someone claims they made 100k on a meme coin, they don't show the other coins that tanked. Only a small percentage (3-5%) make substantial money on memes. If you’re into meme coins, opt for PvE memes: buy, believe, hold—and if it goes to zero, move on. Understand that you either fully commit and believe in the token or risk getting outplayed by others. --- Does this version work for you? Let me know if there's anything else you'd like to adjust!
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Trading reminder!
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👍Reminder: There is extreme euphoria and greed now, reminiscent of the 2021 bull market. Each cycle may echo previous ones but never exactly as mass retail expects. People now anticipate ETH to reach new all-time highs. People expect LTC to follow XRP, ADA, XLM, and DOGE. People recognize the Trump administration's pro-crypto stance. Retail liquidity is piling up alongside greed and longs. We don't intend to scare you or suggest selling everything. We simply remind you that MM liquidity flows against retail greed. A 20-30% correction could be imminent, with BTC revisiting the lower 80ks or 70ks. Book partial profits (1/3rd) on profitable positions and keep some free funds. --- In the last 18 days, 99% of coins on Binance did not make a lower low. --- It's easy to keep giving long setups when coins are close to 2020 levels or 10-100% away from their yearly lows and 5-25x away from their all-time highs. --- Every paid channel will lure you with PnL reports and TP updates to calls. --- Develop a balance between your risk and reward. Don't stay entirely sidelined. Also, don't get too deep at moments like now. --- Every bull market has corrections that provide tremendous opportunities. --- Stay safe. Don't fall prey to the markets. Many paid channels will disappear when the market dumps or their calls go south. They'll be vocal exactly when the market is greedy and people are desperate to make money. --- DYOR, stay safe, and keep printing 🧘$BTC
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