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Here are some more RED FLAGS in crypto projects. This is how you will avoid getting rugged. Or buying a shitcoin that’s doesn’t move. So you must avoid these at all time. - Lack of transparency in team information - High token concentration among a few addresses - Suspicious token distribution patterns - Unclear or unrealistic project roadmap - Excessive hype without substance Simple. Avoid these and you are onto something. #Memecoins #BitEagleNews
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Look, Good 8 months is all you need in this space. The next 8 months specifically. Seriously. So if you've been neglecting this bitcoin bull run, It’s time for you to pay attention. Please listen to me. And if you’ve been investing without a solid plan, It’s time to get organised. This is your final chance to significantly boost your net worth. I’m not trying to create FOMO for views. I’m just telling you the truth. I’ve been here many cycles and each cycle diminishes with profits. Once Crypto becomes mainstream and global adoption is widespread, These extraordinary opportunities will disappear. So don’t ignore this opportunity, Or let these influencers lie to you. #BullRun #BitEagleNews
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Crypto is pretty quiet right now. I wouldn’t be surprised if we continue to move sideways for the next few weeks. Not only is it a great opportunity to accumulate, But now is a great time to research and position yourself correctly. You don’t want to be scrambling and fomoing in when the bull run finally takes off. #BullRun #BitEagleNews
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For those that like to DCA in these markets. Make sure to also DCA-out in the SAME CYCLE. Dollar-cost-Average in general works really well. But it's proven to NOT work across multiple cycles. The only exception to this rule is only Bitcoin and Ethereum. Altcoins have proven to not stick around long enough and the minority that do survive? They get called dino-coins and lose their upside potential. Again, DCA works but only when done correctly with a timely exit-plan. This ain't an opinion either, it's a fact when you look at 99% of history in the market. #Dca #BullRun #BitEagleNews
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Listen up and pay attention. Don’t buy dips until you do this. It’s simple. Go to the higher time frame. Which is the 12hr, daily + weekly. This will give you a much cleaner chart. Zoom out. The lower time frame is bullshit. You don’t need it to make millions this cycle. Then identify key levels that have multiple touches of support & resistance. These are key levels. And if it’s a breakout to new all time highs, The first retest will always be the best. Also look for areas of imbalance. Set your buy orders at those levels. I set multiple DCA limit orders. Just so I don’t miss my entry. Ideally start with entries just above that key level. Why? In crypto bull markets everyone is fighting for an entry. So you don’t want to get front-run. You don’t want price to pump without you. And then you wait. This is the hardest bit. Be patient. Let the market come to you. Especially in this bitcoin cycle. Everyone is chasing pumps and will lose. You won’t. #buythedip #BullRun #BitEagleNews
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