Tips for Altcoin Buying After the US Treasury Buyback Begins
The US money pump will resume operation on May 28th with the Treasury Buyback from the government.
Every week, an average of $2 billion will be pumped out to boost the market
. Don't forget that this year is the US presidential election year.
Therefore, if choosing to speculate on #Altcoins👀🚀 , note the following:
📍The cost of creating 1 token is several million to tens of millions => listing cap is a few hundred million, FDV is a few billion => low liquidity altcoins will have no bottom to change with the chart.
📍Pumping tokens, one trend, narrative is only momentary, different each time.
📍Altcoins usually pump strongest when money is cheap, central bank money pumps are strongest.
📍The account buying altcoins is only a displayed number until cashing out to USD, VND is the real number.
=> The time to buy alts is when there is little capital tied up, no worries about liquidity, possibly falling in June this year.