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Ethereum spot-to-futures ratio hits three-year low —
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#dyor
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Sniper Made $3,000,000 In Half An Hour
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Unpopular Opinion: You Don't Always Have to Be a Hodler . . Read More... In a volatile market, strategies like swing trading and futures can be effective tools for capitalizing on market movements Futures trading, in particular, can yield substantial profits if approached with careful attention to Bitcoin's sentiment and the support and resistance levels of altcoins, especially after a retest. Here are some key points to consider: - **Take Profit Early**: Secure your gains when the opportunity arises. Waiting too long can lead to missed opportunities. - **Manage Expectations**: You are not a professional trader, and expecting to make significant gains on a single trade is unrealistic. Success comes from consistent, small wins. - **Adopt a Long-Term Perspective**: Trading is a marathon, not a sprint. Patience and discipline are crucial. While I maintain my DCA (Dollar-Cost Averaging) positions, it is important not to be rigidly tied to this strategy alone. Flexibility is key, and sometimes, shorting assets you hold can be a smart move if the market conditions are right. Success in trading requires continuous study and adaptability. Analyze the market on a case-by-case and day-by-day basis to make informed decisions. Short to medium-term gains are valuable and should not be overlooked. #CryptoTrading #Bitcoin #Altcoins👀🚀 #FuturesTrading #marketanalysis
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1. **March 2023 (22% correction):** Despite this pullback, Bitcoin surged from around 20k to 74k. That's an impressive gain! 2. **September 2023 (20% correction):** Again, the long-term trend prevailed, leading to substantial gains. 3. **January 2024 (21% correction):** Even with this dip, Bitcoin continued its upward trajectory. 4. **March 2024 (17% correction):** The resilience of BTC shines through—still climbing. 5. **April 2024 (22% correction):** Yes, another correction, but the overall picture remains positive. 6. **July 2024 (25% correction):** Despite the volatility, Bitcoin reached new highs. ## Key Takeaway: While short-term fluctuations can be nerve-wracking, focusing on the long-term fundamentals is crucial. Bitcoin's adoption, institutional interest, and scarcity make it a compelling asset. Remember, investing is a marathon, not a sprint! 🏃♂️💡 #BTC☀ #PUMP! #BinanceTurns7 #BinanceTournament #btcupdates2024
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🇩🇪 German govt transfers another 1,000 Bitcoins to exchanges today ◾️ The German government has transferred 250 BTC to Bitstamp, 250 BTC to Coinbase, and 500 BTC to an unlabelled address. ◾️Currently holding: 38,826 BTC (worth $2.23 billion) #BTC_Bounce_Back_to_57k #BinanceTurns7 #Germangovernment
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