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đ„ Correction when
$BTC
hits $100.000?
Noooo way! đ
42%
Certainly yes! đą
58%
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$100000 is the target đŻ $BTC is approaching the biggest price milestone in years. Honestly I anticipated this already in 2021 and was surprised it did not reach it back then. This time it will, no matter what đ€ I assume we will see this price reached by Friday of this week. And psychology might create enough sell pressure to prevent the price going higher on its first attempt. Additionally As there lie about 2 weeks of big gains behind us, chances aren't that small well see an intermediate correction, a broader correction that will not only affect BTC but most of the market. Think about selling a fraction of the coins you are in bigger gains. For example Solana or RAY. Wait until the correction heats up, and put the money back into the game. Because the game isn't over at $100k. It's not even halftime. #BTC100Ksoon $RAY
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đ§ Update on the current state of Litecoin Please comment under this post if you disagree with any statement made by me. My assessment in my earlier post is still valid. $LTC has properties that sets it apart from many altcoins that were released during the last years. It's distribution is much fairer compared to most #alts where the founders hold huge percentage of the supply. Thus one can assume that broad market corrections in the coming months wont affect #LTCâ as much as new altcoins or memecoins. For memecoins I expect heavy sell pressure from whales cashing out. This could help Litecoin propell an X10 towards the peak of this cycle. And I also expect LTC wont crash as hard as many other altcoins. If you are interested in more reasons I think Litecoin will do very well in the future, see my earlier post that I linked to. Disclaimer: This is no investment advice.
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#Ada is on fire đ„ -- What are your thoughts? -- after consolidating for some days $ADA 's momentum has stated to push its price further up from already great gains since Nov 4th. Under current positive conditions surrounding crypto projects made in the US, ADA might be one of the big gainers of #Altcoinseason2024 and #Altcoinseason2025 đ I have a small position in it and I will try to make a handful of successful swing trades on it. Update: Woah, nice leg up yesterday. I suppose there will be another one in case $BTC marches towards $100k in the coming week.
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đ„ $RAY is remarkably strong right now. It has the biggest momentum of all of #Top100Crypto lately. The gains since the last time I posted about it are nearly 50%. Those investors who got in when the lows of 2022 were in - these were about $0,15$ at the time - are meanwhile on such a terrific profit if they held through all the hassle since then. What this shows is that picking the right #altcoin during crypto winter, investing a plausible and meaningful amount of your funds, and then holding onto it for as long as the #AltCoinSeason unfolds can give life changing gains. The challenge here is clearly to find these gems early enough and to recognize the unique properties which make that project so relevant. Whoever is invested in this token, I am congratulating to you! I wish us all a nice ride ahead đđ
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đ€ $WLD looks weak and risky again. Updated assessment of its situation. I've written about the risks that come with investing in worldcoin already in June and July. Now, after we saw the #Altcoinseason2024 wasn't really happening yet. Just a little runup from the beginning of October which allowed some tokens to X2 or slightly better. Worldcoin was also able to gain X2 from the local lows in August and September. So far so good for short term traders. Medium and long term things look different. Rather Bleak. The upward trendline of the last weeks is clearly broken and it's definitely possible hat another wave of heavy selling occurs in the coming weeks, driving price downwards significantly. So be very careful about this specific project. There are red lights flashing again. Please make informed decisions by yourself. This is not investment advice.
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