LIVEWofakt
@Wofakt
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What is your option aftermath of #BTCHalving
#BTC continues Bull run 📈
100%
#BTC enters into Bear mkt 📉
0%
1 votes • Voting closed
Can #Dent Wipe a Zero (0) in this Bull Market
In this bull market other alt coins have taken advantage to establish the stand of survival like $CKB Can this be said of $DENT and $LINA All is a matter of time#Write2Earn #TrendingTopic #BTC #Dent
very informative
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CRYPTO MECHANIC
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As $JUP is launched on Binance Here is what you should do when a new token launches on exchange
1- Find out if there was an ICO (initial sale) for the coin. If there was any what was the sale price.
2- What will be the total supply of the coin and how much is circulating at the time of launch.
3- What sector of the technology they're focusing on? is it Ai , ecosystem ,layer 1 or 2 or any other crypto narrative .
4 - Once you get all the info wait and see at what price the coin is launched. Compare the gap between the ICO price and the launch price.
5- What's the marketcap of the coin at the time of launch. If it's too high it's not worth buying right at the launch. it's most likely launched at higher prices and people who got the presale or free airdrops will rush to cash out.
6- Make sure the price is not too high from the ico price and marketcap is less than $500 million.
7. Find out if it's purely a new coin or already trading on other exchanges.
Once you find out all of these details. Now ask yourself should i chase this coin right after it launched or not?
My personal suggestion to you : Don't even buy a coin right after it launched
- Watch the price action for a few hours
- Let the coin build a bass price.
Make your decisions .
Keep learning, Stay safe
#Write2Earn #TradeNTell
1- Find out if there was an ICO (initial sale) for the coin. If there was any what was the sale price.
2- What will be the total supply of the coin and how much is circulating at the time of launch.
3- What sector of the technology they're focusing on? is it Ai , ecosystem ,layer 1 or 2 or any other crypto narrative .
4 - Once you get all the info wait and see at what price the coin is launched. Compare the gap between the ICO price and the launch price.
5- What's the marketcap of the coin at the time of launch. If it's too high it's not worth buying right at the launch. it's most likely launched at higher prices and people who got the presale or free airdrops will rush to cash out.
6- Make sure the price is not too high from the ico price and marketcap is less than $500 million.
7. Find out if it's purely a new coin or already trading on other exchanges.
Once you find out all of these details. Now ask yourself should i chase this coin right after it launched or not?
My personal suggestion to you : Don't even buy a coin right after it launched
- Watch the price action for a few hours
- Let the coin build a bass price.
Make your decisions .
Keep learning, Stay safe
#Write2Earn #TradeNTell
Yes #btc has to fall but not below 40,000 since there is few days for ETF approval by SEC... secondly unless the big boys (institutional hodlers or whale) decide to take profit which should have happened in December 2023.
December is considered a period which institutions or individuals spend alot but we didn't see that in this year 2023. Rather they toke adventure to buy more btc for upcoimg ETF approval and $BTC halving
Other reason for #BTC!💰 crashing might stem from SEC delay in ETF approval or country's not allowing trading of virtual asset in their Domain. Or there is some phish transactions going or financial institution filling for bankruptcy. So far India put shadow ban on virtual asset but it won't push #BTC to crash....
I might be wrong but let hope for the best
This is not financial advice... it is my opinion
DYOR
December is considered a period which institutions or individuals spend alot but we didn't see that in this year 2023. Rather they toke adventure to buy more btc for upcoimg ETF approval and $BTC halving
Other reason for #BTC!💰 crashing might stem from SEC delay in ETF approval or country's not allowing trading of virtual asset in their Domain. Or there is some phish transactions going or financial institution filling for bankruptcy. So far India put shadow ban on virtual asset but it won't push #BTC to crash....
I might be wrong but let hope for the best
This is not financial advice... it is my opinion
DYOR
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