Binance Square
LIVE
LIVE
BullBearBull
Bearish
--51.6k views
Current Market Crash - Bitcoin $BTC Halving Many people were caught unaware with a sudden dip. My long positions were liquidated in a matter of hour. is it normal? No! I usually keep an eye on all the factors and news. There were two factors behind the sudden crash. 1. The news of Iran attacking Israel and USA getting involved. 2. Weekend selloffs The news of imminent war fueled the liquidation at a massive scale. The crash selling was mostly panic sold, As some whales moved their funds. Is it Bitcoin Halving retrace? This is also a factor, but it is unlikely as the pattern is usually a gradual decline. This cycle is crazy and not like previous Bitcoin Halving events. Is the market will remain sideways? Yes, it is expected to remain down for the next 2 days until Monday. If we don't see further escalations, then the price can jump 10-15% up on Monday or Tuesday. How you can make profits? Bitcoin is the safest bet, buy now and sell above 70K. You can search for assets falling more than 20%, they are the best options for making 20%+ profit. Good Luck!

Current Market Crash - Bitcoin $BTC Halving

Many people were caught unaware with a sudden dip. My long positions were liquidated in a matter of hour.

is it normal?

No! I usually keep an eye on all the factors and news.

There were two factors behind the sudden crash.

1. The news of Iran attacking Israel and USA getting involved.

2. Weekend selloffs

The news of imminent war fueled the liquidation at a massive scale. The crash selling was mostly panic sold, As some whales moved their funds.

Is it Bitcoin Halving retrace?

This is also a factor, but it is unlikely as the pattern is usually a gradual decline. This cycle is crazy and not like previous Bitcoin Halving events.

Is the market will remain sideways?

Yes, it is expected to remain down for the next 2 days until Monday. If we don't see further escalations, then the price can jump 10-15% up on Monday or Tuesday.

How you can make profits?

Bitcoin is the safest bet, buy now and sell above 70K.

You can search for assets falling more than 20%, they are the best options for making 20%+ profit.

Good Luck!

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 6
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
@Square-Creator-4a3274692

Explore More From Creator

Worried About Decreasing APR?$BNB $SOL $ETH #sol #ETH #BNBChain APR Annual Percentage Rate is an estimate of rewards that you will earn from your crypto staking. Many HODlers park their investment to earn APR on their assets. However, there has been a continuous drop in APR on all the assets across different blockchains and cryptocurrencies. First of all, APR is an indication of ESTIMATED rewards that you will receive. The actual reward may be less than the displayed APR. As more and more people are staking, the APR gradually starts to go down. About two years ago, AXS Axie Infiniti had the highest APR of more than 40%. I remember at that time, some of my friends bagged more than 10,000$ from the APR. Similarly, APE Coin used to have high APR, which dramatically went down. Is it wise to stake and lock the coins? The answer is yes and no! If you are a long-term Hodler, then it's a good idea to lock your assets and forget about them. You will keep earning the APR. However, if you are looking to take profits by market fluctuations then it's better not to stake your crypto. As some of the validators or staking programs lock your assets. You can not withdraw and sell the staked crypto to profit. Which asset is good for having a good APR? If you are looking for self custody, Trust Wallet has some good crypto assets like KSM, DOT, LUNC and others having good APR. I have personally staked my LUNC at 15% and did not touch it. If you are looking in Binance, then Injective has now the highest rewards with 19.9%. Imagine, those who bought Injective a year back and Hodling. They enjoyed lower price and good APR with price appreciation. APR is not going to be the same overtime. If you planned your investments to earn from APR, then it is not a good idea because APR can drastically go down for any asset. I hope this helps you understand APR better.
--

Trending Articles

avatar
CoinMarketCap
View More
Sitemap
Cookie Preferences
Platform T&Cs