Conclusion. Pepe has had probably the most infamous run of all cryptocurrencies in 2023, and it has not been without controversy. Looking ahead, the coin is in a solid position to grow. However, its lack of utility, current downtrend and $267 million market cap means it also has downside risk.25 Oct 2023Current market cap: $482MCirculation supply: 417.06T PEPEMax supply: 420.69T PEPELet us know how much PEPE you have$PEPE $BTC #BTC #PEPE🔥🔥
2 things you should know about swing trading and how to make profits -a beginner's guide.
Swing trading is often considered better for beginners compared to scalp trading or day trading.Swing trading is a commonly used trading strategy that can be ideal for beginner traders. It's a relatively convenient way to express opinions about the market due to the manageable time horizons involved.Swing trading is a trading strategy that involves trying to capture price moves that happen on a short to medium time frame. The idea behind swing trading is to catch market "swings" that play out over a few days to several weeks.Swing trading strategies work best in trending markets. If there's a strong trend on a higher time frame, swing trading opportunities can be plentiful, and swing traders can take advantage of larger price swings. In contrast, swing trading can be more difficult in a consolidating market. After all, if the market is going sideways, it's harder to capture large price changes.How To be profitable in swing trading :1. Start with small positions and gradually increase the size of your trades as you gain experience.2. Keep a close eye on your overall portfolio risk.3. Make sure that your swing trading strategy doesn't expose you to too much risk.4. Use stop-loss orders to limit your losses on each trade.5. Always do your own research.#BTC #elonmusk #BLACKROCK #MILLIONAIRE
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, predicts that Bitcoin will hit $100,000 by 2025 and says that he expects the cryptocurrency market to flourish as a “revived bull market.”Popular trader Credible Crypto shares McGlone’s fearless forecast. Last month, Credible Crypto published an updated forecast for Bitcoin’s price trajectory, pointing to BTC hitting favorable figures.In his assessment, McGlone says Bitcoin’s strong reversal is just getting started. The current bear market reflects the most dramatic inflation over the past four decades. $BTC $XRP $ALGO