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10 Coin you should think before you invest.
If you put $10,000 into $XRP in September 2018.

Today, you would still have $10,000 🤯

99% of altcoins are doomed to dump/never grow.

Here are 10 coins you should AVOID (you're probably holding them) and how to recognize them 🧵👇
I would highlight 3 main types of altcoins to avoid:

1/➮ Many old projects that are simply too old and overvalued

✧ They have no technology and no upside

✧ They are doomed to fall relative to $ETH in the long term, which is what they are doing

2/➮ "Artificial" tokens, where the supply is completely controlled by team/VCs and the value is manipulated

✧ The price in such projects does not reflect the true market value

✧ There is always a risk that they will eventually be dumped by -99% at any moment
3/➮ Projects come from past trends (dead P2E games, etc.) or have high FDV, low MC, and constant sell pressure

✧ Projects from old trends that are no longer relevant are doomed to a slow death

✧ Buying tokens with strong sell pressure = becoming exit liquidity for VCs
You need to know how to recognize these projects and distinguish junk from gems.

So for example, here are 10 popular tokens - prime examples of these categories—that you might be holding, but they are doomed to fail (IMO).
1/➮ @worldcoin | $WLD

✧ $WLD is just an artificial coin where the supply is completely controlled

✧ The value can be manipulated however they want, but it's clear that sooner or later it will definitely be dumped

So the odds are not in your favor
2/➮ @Ripple | $XRP

✧ $XRP is designed for fast and cheap international money transfers

✧ But in essence, it is an unnecessary fork of $BTC with overly inflated valuation

✧ Not the worst coin, but $ETH or $BTC will always be better

✧ Same for ADA:
5/➮ @eth_classic | $ETC

✧ $ETC is a blockchain that emerged from a split with ETH in 2016

✧ $ETC is a fork of $ETH, and it is almost identical

✧ The only difference is that devs largely ignore ETC, and it has almost no prospects
6/➮ $BCH

✧ Bitcoin Cash is a fork of Bitcoin, created with the aim of increasing the block size

✧ This is supposed to allow for processing more transactions at once

✧ But in the end, it simply repeats the BTC concept without significant changes
7/➮ @monero | $XMR

✧ $XMR is known for its anonymity and transaction privacy

✧ However, since 2022, its value has been stagnating, and there is even a chance of a ban similar to the situation with Tornado Cash

✧ High valuation, outdated technology, no prospects, high risks
8/➮ @AxieInfinity | $AXS

✧ This applies not only to $AXS but also to other old P2E game coins

✧ The trend has moved on, there’s no more hype, and there’s a very high FDV

✧ Overall, in such projects, the pyramid has collapsed, and there’s nothing more to expect
9/➮ @dYdX | $DYDX

✧ In $DYDX, the main big issue is the token unlocks

✧ They are structured in such a way that they will constantly create selling pressure and drive the price lower and lower

✧ There are many of such projects, so always check vesting schedule
10/➮ Useless L2 projects

✧ This applies to $STRK, $ZKS — these are just useless L2 solutions with low mc, high FDV, and constant sell pressure, leading to price dumps

✧ It also applies to new projects that initially launch with high FDV and no real utility & community
11/➮ Key takeaways to consider before investing:

- Unlocks
- Demand
- Narrative
- FDV/MC

Just analyzing these factors will give you an understanding of whether it's worth investing and if the project has any upside at all.
Don't forget to follow 😉
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Important Developments of Next Week 🚨 Monday, July 22 - The Floki team will make a marketing announcement. $FLOKI 📈 Tuesday, July 23 - The Central Bank of the Republic of Turkey 🇹🇷 will announce the interest rate decision. (Leaving the expectation fixed) Thursday, July 25 - GDP data will be announced in the USA 🇺🇸 (Expectation 1.9%) 26 July, Friday - Core Personal Consumption Expenses Index will be announced in the USA 🇺🇸 (Expectation 0.2%) Saturday, July 27 - Donald Trump will speak at the Bitcoin 2024 conference. 📈 🎤 {spot}(FLOKIUSDT)
Important Developments of Next Week 🚨
Monday, July 22
- The Floki team will make a marketing announcement. $FLOKI 📈
Tuesday, July 23
- The Central Bank of the Republic of Turkey 🇹🇷 will announce the interest rate decision. (Leaving the expectation fixed)
Thursday, July 25
- GDP data will be announced in the USA 🇺🇸 (Expectation 1.9%)
26 July, Friday
- Core Personal Consumption Expenses Index will be announced in the USA 🇺🇸 (Expectation 0.2%)
Saturday, July 27
- Donald Trump will speak at the Bitcoin 2024 conference. 📈 🎤
How whales manipulate the crypto market
How whales manipulate the crypto market
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Crypto PM
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A Few Powerful Players Control The Entire Crypto Market
Over 90% of people lose money due to their manipulations
I found their dirty strategies, and it's worse than you think
🧵: This will change how you see crypto forever... 👇
Before we dive in,
Want to keep getting alpha from me? Hit that follow button now.
And if you find this article useful, give it a like, share, or bookmark — your support means a lot!
The crypto market is still young, and it's important to know that some big players can easily manipulate the $2.33T market.
These groups can control the market and influence the price.
I'll show you not just how to dodge their traps but also to benefit 👇

Many large players accumulate a significant % of the token supply, allowing them to profit from manipulations.
They can change market sentiment through their sales, then buy back on dips, making big gains.
Their large purchases can also boost market confidence and draw in new liquidity.

Understanding Market Manipulation
Key indicators of manipulation:
➢ Sudden price moves without news
➢ High trade volumes in short periods
➢ Increased social media activity
8 market anomalies to help you easily identify manipulations 👇
1/ FVG (Fair Value Gap)
Fair value gaps are a trader's secret weapon for spotting market imbalances and inefficiencies.
FVGs occur when buying or selling pressure causes significant price movements, creating gaps in price charts.

2/ Range Manipulation
Price stays in a range, causing weak holders to sell.
If it breaks out but returns, it's called a deviation and is seen as manipulation.
Later, the price usually heads to the opposite boundary, likely breaking through.

3/ Stop Loss Hunting
Retail traders often place SL orders around key levels.
Manipulators use this to push prices toward these stop orders, taking profits.
A quick price reversal after hitting a key level likely indicates manipulation.

4/ Market Makers Manipulation
Understanding who market makers are and how they operate is crucial.
They often engage in significant behind-the-scenes manipulations
( I WILL DO A ARTICLE LATER ON THIS )

5/ Spoofing the Market
Spoofing involves placing large buy or sell orders and canceling them before execution.
These fake orders can create bearish sentiment but often get canceled, causing confusion.
Ignore large transient walls in the order book.

6/ Artificial Charts
Manipulators buy and sell assets at specific price levels to create false price levels and graphical formations.
These influence the decisions of retail traders who rely solely on charts, making them victims of manipulation.

7/ Wash Trading
Manipulators use wash trading to artificially create volumes and price movements, attracting buyers.
Always double-check the asset's liquidity based on the bid/ask spread and order book activity, giving less priority to volumes.

That's a wrap for now!
If you don't want to miss my future content, follow me on all social media now:
I hope you've found this article helpful.
Follow me @Crypto PM for more.

Like/share below if you can.
#Whale.Alert #WhaleAlert #MarketManipulation #CryptoPM_Youtube #cryptopm
candle patterns
candle patterns
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Most paid channels won't like me sharing this but I'll do it anyway👇
Struggling to make profits this year?
That's because you didn't have the right crypto trading strategy yet.
Most paid channels won't like me sharing this but I'll do it anyway👇
The market often trades in a range.
When these ranges break, they can offer some of the best trading opportunities.
If you learn how? The game changes considerably in your favor and the sky is the limit.
Let's go from the basics to a pro 👉
Resistance is the highest point before price pulled back. This is also called a swing high.
Support is the lowest point before price went back up. This is also called a swing low.
Both support and resistance appear in an uptrend or downtrend.
We will just trade both of them differently depending on the current trend.
Only buy at support in an uptrend.
Only sell at resistance in a downtrend.
Always follow the trend. Never go against it.
Chart Example:
On the left side we see an uptrend. Any of these supports are great buying opportunities.
Only buy the the dips.
On the right side we see a downtrend. Any resistance are great selling opportunities.
Only sell the rallies.
A trendline is also a type of support and resistance.
This time they are diagonal instead of horizontal however.
Connect the swing lows in an uptrend or the swing highs in a downtrend.
As long as this line holds you trade with the direction of the trend.
The more points you can connect the better.
In an uptrend you buy the dips
In a downtrend you sell the rallies
Once the line breaks there's a potential reversal. Uptrend to downtrend or downtrend to uptrend.
The higher the time frame the more accurate.
A channel is when we connect both the highs and the lows in an up or downtrend.
They are based on the same concept of trendlines. Once one of these breaks we have a potential reversal.
If they hold you continue trading with the trend.
More about using real strategy on this concept.
Break and retest involves waiting untill price breaks out and only entering a trade when price comes back and retests that broken area.
The best traders wait for price to come to them and not chase it.
When something breaks you can be aggressive and enter a trade right away or you can be conservative and wait for price to come back to you.
Trading conservative in 99% of times will do you more good.
A previous resistance becomes support once broken.
A previous support becomes resistance once broken.
Wait for price to break out and come back to test that area as valid support or resistance.
Enter the trade.
Trendlines are no different.
Wait for price to break your trendline and come back to retest it.
Let price validate your broken area and give you a better entry.
Enter the trade.
You can look at multiple different time frames.
A 1 hour chart is not a 4 hour chart and vice versa.
The more analysis techniques you combine including timeframes will drastically improve the odds of success.
Combine TA with FA and more and you'll have the holy grail in your hands.
Master it, study it and execute it.
Wealth awaits.
If you like these article consider giving me a follow @BitEagle News
I write guides to make you a better trader

#BullRun #BitEagleNews
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Crypto PM
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Turned $30 Into $40,000 In Just 5 Days Degening On Pump.Fun
Turned $30 into $40,000 in just 5 days degening on @ pumpdotfun
My secret? A rock-solid strategy.
Here's my ultimate @ pumpdotfun playbook👇🧵

Before we jump in, could I ask for a favor?

I've dedicated a ton of time to writing this ARTICEL and truly appreciate any interaction!
Please share, reply, or hit that like button if you can 👆

Before aping into a new coin, do a quick search
One result? Good to go.
Multiple results? You might end up buying a copycat.

Double-check the token
After picking a coin, always make sure it’s the right one.
How? Verify the token's dev.

Check out the dev profile
➢ Go to the "coins created" tab
➢ Paste CA into the search bar
If the dev is a rugger, you’ll likely see comments on their old projects saying he rugged or jeeted.

Next, check the dev's allocation
A 6 to 8% allocation isn’t terrible, but be cautious.
This could be a way for the dev to make quick profits.
Look for devs who either buy in really low (showing commitment) or buy a lot (for control & build).

Check the socials before buying.
Don’t buy if:
➢ Te|egram is locked
➢ The dev says they're just STARTING to work on socials
Also, a prepaid DEXScreener doesn’t guarantee the dev is legit. It's a positive indicator, but not proof.

Keep bets small
Only allocate a small slice of your portfolio, or what you can afford to lose, to memecoins.
This approach makes decision-making easier. Think of memecoin trading like gambling.
Would you bet everything on red? Take a moment and consider.

If you use Pumpfun 24/7 and follow these tips, you're likely to find tokens at a very low MC.
90% of tokens may flop, but that 10% could score you big – think 10x, 100x, or even 1000x gains that erase all losses.
Get an edge over the crowd by using tools.
It could be anything:
- Dexscreener
- Solscan
- And so on
That's a wrap for now!
If you don't want to miss my future content, follow me everywhere:
https://linktr.ee/cryptopm

#notcoin
#altcoins
#BinanceLaunchpool
#bitcoin
#bitcoinhalving
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I'm not much of a good trader but as per my 2 years of experience, here's my suggestion for any new trader. #trade #short #long #btc #eth

If you're new to trading then I suggest you to start with minimum capital. The amount may vary according to one's capacity but the less you put better for you.

Start with like $100-1000, forget about the profit for like 6 months. I know it sounds hard to not look for profits in trading which is the reason we trade but trust me you will ruin your learning as well as blow up the account if you chase profits specially when you're a beginner.

While you start, make sure to use minimum leverage and practice proper (I repeat proper) position sizing and make plans from the very beginning which will greatly enhance your performance and helps to build habit.

Thenafter, be patient with your trades and don't complicate things. Try not to close winning trades and never hold losing one's. Make your entry and exits preplanned and be strict with them.

Lastly, always book profits and try to take less trades. Only go for the clear setups and don't over trade.

Share your thoughts and tips as well in the comments.
I know it's hard to follow all the things I mentioned, most experienced & profitable trades also make mistakes if one could follow these things exactly as said then the win rate & accuracy is unreal.

Lastly, best suggestion for anyone entering to trading is: DON'T !

Trading requires a lot of things such as emotion control, discipline, patience, time & evaluation, extra efforts and is very painful in the beginning years so if you're not ready for all this then the correct things is to DON'T ENTER the market.
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$SHIB #SHIB/USDT ANALYSIS SHIB is currently following a descending triangle pattern. It experienced a pump from the horizontal support level. The 200-day moving average indicates a bullish trend. It is presently encountering resistance from the trendline and the Ichimoku cloud. We must monitor closely for a clear breakout from the triangle pattern to confirm the bullish move.
$SHIB #SHIB/USDT ANALYSIS

SHIB is currently following a descending triangle pattern. It experienced a pump from the horizontal support level. The 200-day moving average indicates a bullish trend. It is presently encountering resistance from the trendline and the Ichimoku cloud. We must monitor closely for a clear breakout from the triangle pattern to confirm the bullish move.
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$BAR can increase from the green area to the trend line on the 1-hour time frame 📈 #BAR/USDT
$BAR can increase from the green area to the trend line on the 1-hour time frame 📈
#BAR/USDT
$ORN is between the trend line and the demand area on the 1-hour time frame. The price can be pumped from the green area 🏌🏻$ORN #ORN #ORNUSDT
$ORN is between the trend line and the demand area on the 1-hour time frame. The price can be pumped from the green area 🏌🏻$ORN #ORN #ORNUSDT
last time i posted this i was right. and now our next target is 64.5k ✍️✍️✍️
last time i posted this i was right.
and now our next target is 64.5k ✍️✍️✍️
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Төмен (кемімелі)
$BTC next target 62K.
$BTC Whenever #Bitcoin breaks above the red box, we will fly to $70k.
$BTC
Whenever #Bitcoin breaks above the red box, we will fly to $70k.
$BTC #Bitcoin    has completed the Right Shoulder in the inverse Head & Shoulders (iH&S) Pattern 🔥 Let's see if there is a Breakout following this Bullish iH&S Pattern 🚀 The nexttarget is 73k.
$BTC #Bitcoin    has completed the Right Shoulder in the inverse Head & Shoulders (iH&S) Pattern 🔥
Let's see if there is a Breakout following this Bullish iH&S Pattern 🚀
The nexttarget is 73k.
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Жоғары (өспелі)
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Төмен (кемімелі)
$BTC next target 62K.
$BTC next target 62K.
💵 $10 trillion investment giant outlines tomorrow’s Bitcoin bulls In the first year of the ‘crypto winter,’ pension funds – specifically Canadian pension funds – found themselves making headlines in various crypto outlets as they ended their cryptocurrency forays either before they began in earnest or after suffering major losses as companies like Celsius collapsed. Things have quieted down since for large institutional investors – at least with regard to the crypto markets – albeit with some exceptions, such as Vanguard’s acquisition of a large stake in Bitcoin (BTC) miners. This year, however, brought a massive change to the dynamic as in January, after years of waiting, the Securities and Exchange Commission (SEC) approved 9 spot Bitcoin exchange-traded funds (ETFs), seemingly opening the floodgates for crypto-wary investors to gain exposure using familiar vehicles. 🔺 BlackRock foresees massive institutional investors trading BTC ETFs According to BlackRock’s head of digital assets, Robert Mitchnick, the investment giant now expects BTC ETFs to see the coming of massive new and returning investors – Pension Funds, Sovereign Wealth Funds, and Endowments. As of May 2024, BlackRock is reportedly playing the role of an educator for such institutional investors in hopes of attracting them to Bitcoin exchange-traded funds and is seeing a general resurgence in interest from such entities. At the time of publication, BlackRock operates tha second-largest Bitcoin ETF – the iShares Bitcoin Trust (IBIT) – which boasts approximately $17 billion in assets under management (AUM). The financial giant is also working on closer relations with sovereign wealth funds – specifically the Saudi Arabian sovereign wealth fund – albeit, at this stage, unrelated to the world’s premier cryptocurrency and is reportedly setting up the BlackRock Riyadh Investment Management (BRIM). $BTC #BTC #BlackRock
💵 $10 trillion investment giant outlines tomorrow’s Bitcoin bulls
In the first year of the ‘crypto winter,’ pension funds – specifically Canadian pension funds – found themselves making headlines in various crypto outlets as they ended their cryptocurrency forays either before they began in earnest or after suffering major losses as companies like Celsius collapsed.
Things have quieted down since for large institutional investors – at least with regard to the crypto markets – albeit with some exceptions, such as Vanguard’s acquisition of a large stake in Bitcoin (BTC) miners.
This year, however, brought a massive change to the dynamic as in January, after years of waiting, the Securities and Exchange Commission (SEC) approved 9 spot Bitcoin exchange-traded funds (ETFs), seemingly opening the floodgates for crypto-wary investors to gain exposure using familiar vehicles.
🔺 BlackRock foresees massive institutional investors trading BTC ETFs
According to BlackRock’s head of digital assets, Robert Mitchnick, the investment giant now expects BTC ETFs to see the coming of massive new and returning investors – Pension Funds, Sovereign Wealth Funds, and Endowments.
As of May 2024, BlackRock is reportedly playing the role of an educator for such institutional investors in hopes of attracting them to Bitcoin exchange-traded funds and is seeing a general resurgence in interest from such entities.
At the time of publication, BlackRock operates tha second-largest Bitcoin ETF – the iShares Bitcoin Trust (IBIT) – which boasts approximately $17 billion in assets under management (AUM).
The financial giant is also working on closer relations with sovereign wealth funds – specifically the Saudi Arabian sovereign wealth fund – albeit, at this stage, unrelated to the world’s premier cryptocurrency and is reportedly setting up the BlackRock Riyadh Investment Management (BRIM).
$BTC #BTC #BlackRock
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TopCryptoNews
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💵 $10 trillion investment giant outlines tomorrow’s Bitcoin bulls

In the first year of the ‘crypto winter,’ pension funds – specifically Canadian pension funds – found themselves making headlines in various crypto outlets as they ended their cryptocurrency forays either before they began in earnest or after suffering major losses as companies like Celsius collapsed.

Things have quieted down since for large institutional investors – at least with regard to the crypto markets – albeit with some exceptions, such as Vanguard’s acquisition of a large stake in Bitcoin (BTC) miners.

This year, however, brought a massive change to the dynamic as in January, after years of waiting, the Securities and Exchange Commission (SEC) approved 9 spot Bitcoin exchange-traded funds (ETFs), seemingly opening the floodgates for crypto-wary investors to gain exposure using familiar vehicles.

🔺 BlackRock foresees massive institutional investors trading BTC ETFs

According to BlackRock’s head of digital assets, Robert Mitchnick, the investment giant now expects BTC ETFs to see the coming of massive new and returning investors – Pension Funds, Sovereign Wealth Funds, and Endowments.

As of May 2024, BlackRock is reportedly playing the role of an educator for such institutional investors in hopes of attracting them to Bitcoin exchange-traded funds and is seeing a general resurgence in interest from such entities.

At the time of publication, BlackRock operates tha second-largest Bitcoin ETF – the iShares Bitcoin Trust (IBIT) – which boasts approximately $17 billion in assets under management (AUM).

The financial giant is also working on closer relations with sovereign wealth funds – specifically the Saudi Arabian sovereign wealth fund – albeit, at this stage, unrelated to the world’s premier cryptocurrency and is reportedly setting up the BlackRock Riyadh Investment Management (BRIM).

$BTC #BTC #BlackRock
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Almost no one uses Bitcoin as currency, new data proves. It’s actually more like gambling.
Bitcoin boosters like to claim Bitcoin, and other cryptocurrencies, are becoming mainstream. There’s a good reason to want people to believe this.
The only way the average punter will profit from crypto is to sell it for more than they bought it. So it’s important to talk up the prospects to build a “fear of missing out”.
There are loose claims that a large proportion of the population – generally in the range of 10% to 20% – now hold crypto. Sometimes these numbers are based on counting crypto wallets, or on surveying wealthy people.
But the hard data on Bitcoin use shows it is rarely bought for the purpose it ostensibly exists: to buy things.
Little use for payments
The whole point of Bitcoin, as its creator “Satoshi Nakamoto” stated in the opening sentence of the 2008 white paper outlining the concept, was that:
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
The latest data demolishing this idea comes from Australia’s central bank.
Every three years the Reserve Bank of Australia surveys a representative sample of 1,000 adults about how they pay for things. As the following graph shows, cryptocurrency is making almost no impression as a payments instrument, being used by no more than 2% of adults.
Payment methods being used by Australians

Reserve Bank calculations of Australians' awareness vs use of different payment methods, based on Ipsos data.
By contrast more recent innovations, such as “buy now, pay later” services and PayID, are being used by around a third of consumers.
These findings confirm 2022 data from the US Federal Reserve, showing just 2% of the adult US population made a payment using a cryptocurrrency, and Sweden’s Riksbank, showing less than 1% of Swedes made payments using crypto.
The problem of price volatility
One reason for this, and why prices for goods and services are virtually never expressed in crypto, is that most fluctuate wildly in value. A shop or cafe with price labels or a blackboard list of their prices set in Bitcoin could be having to change them every hour.
The following graph from the Bank of International Settlements shows changes in the exchange rate of ten major cryptocurrencies against the US dollar, compared with the Euro and Japan’s Yen, over the past five years. Such volatility negates cryptocurrency’s value as a currency.
Cryptocurrency’s volatile ways

90-day rolling standard deviation of daily returns for major cryptocurrencies compared with the Euro and Yen. The Crypto Multiplier, BIS Working Papers, No. 1104, CC BY
There have been attempts to solve this problem with so-called “stablecoins”. These promise to maintain steady value (usually against the US dollar).
But the spectacular collapse of one of these ventures, Terra, once one of the largest cryptocurrencies, showed the vulnerability of their mechanisms. Even a company with the enormous resources of Facebook owner Meta has given up on its stablecoin venture, Libra/Diem.
This helps explain the failed experiments with making Bitcoin legal tender in the two countries that have tried it: El Salvador and the Central African Republic. The Central African Republic has already revoked Bitcoin’s status. In El Salvador only a fifth of firms accept Bitcoin, despite the law saying they must, and only 5% of sales are paid in it.
Read more: One year on, El Salvador's Bitcoin experiment has proven a spectacular failure
Storing value, hedging against inflation
If Bitcoin’s isn’t used for payments, what use does it have?
The major attraction – one endorsed by mainstream financial publications – is as a store of value, particularly in times of inflation, because Bitcoin has a hard cap on the number of coins that will ever be “mined”.
As Forbes writers argued a few weeks ago:
In terms of quantity, there are only 21 million Bitcoins released as specified by the ASCII computer file. Therefore, because of an increase in demand, the value will rise which might keep up with the market and prevent inflation in the long run.
The only problem with this argument is recent history. Over the course of 2022 the purchasing power of major currencies (US, the euro and the pound) dropped by about 7-10%. The purchasing power of a Bitcoin dropped by about 65%.
Speculation or gambling?
Bitcoin’s price has always been volatile, and always will be. If its price were to stabilise somehow, those holding it as a speculative punt would soon sell it, which would drive down the price.
But most people buying Bitcoin essentially as a speculative token, hoping its price will go up, are likely to be disappointed. A BIS study has found the majority of Bitcoin buyers globally between August 2015 and December 2022 have made losses.
The “market value” of all cryptocurrencies peaked at US$3 trillion in November 2021. It is now about US$1 trillion.
Bitcoins’s highest price in 2021 was about US$60,000; in 2022 US$40,000 and so far in 2023 only US$30,000. Google searches show that public interest in Bitcoin also peaked in 2021. In the US, the proportion of adults with internet access holding cryptocurrencies fell from 11% in 2021 to 8% in 2022.
Read more: What is Bitcoin's fundamental value? That's a good question
UK government research published in 2022 found that 52% of British crypto holders owned it as a “fun investment”, which sounds like a euphemism for gambling. Another 8% explicitly said it was for gambling.
The UK parliament’s Treasury Committee, a group of MPs who examine economics and financial issues, has strongly recommended regulating cryptocurrency as form of gambling rather than as a financial product. They argue that continuing to treat “unbacked crypto assets as a financial service will create a ‘halo’ effect that leads consumers to believe that this activity is safer than it is, or protected when it is not”.

Whatever the merits of this proposal, the UK committtee’s underlying point is solid. Buying crypto does have more in common with gambling than investing. Proceed at your own risk, and and don’t “invest” what you can’t afford to lose.
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$BTC What awaits us after the sharp drop in $BTC and how did I position myself? --------------------------------- With the breakdown of the $60,000 support, the decline deepened in the morning hours today and fell sharply to $56,000. The $56,600 level has worked as a great support at the moment, but it doesn't mean that the fall is over yet. The Fed's rate decision will be announced today and how the market reacts to it is really important. If the rate decision is higher than the markets expect, it means that the decline will be even steeper. If there is a daily close below $56,600, we could see a decline down to $53,000 because there is no support between the two levels. The price is currently 3% below the lower level of the Bollinger Bands according to the daily chart. Historically, when the price is below the Bollinger Bands on the daily chart, we have seen a rebound immediately afterwards. So, while I don't think we will see new highs again, I think we may see a short-term rise. I think that I will see +$60,000 levels again in a short period of time and that is why I am closing my short positions and adding to my long positions. However, these long positions will definitely be short term and will be a preparation for new short positions. As I said before, I expect volume to decline and the price to move more sideways in May and throughout Q2. A move in the $56,000-$60,000 range will frustrate and put most traders out of the game. At this point, the important thing is not to be out of the game and to maintain your positions within the framework of your strategy. I opened a $ETH long position at $2,860 this morning and I think I will close this position at +$3,000. If there is negative news before this pricing, I will accept the situation and make a stop loss. Remember, no one can see the future, only predict it. The positions taken depend on one's own risk appetite and financial situation. Always build your own plan! post from @fulldeg #bitcoinhalving #bitcoin #Memecoins
$BTC
What awaits us after the sharp drop in $BTC and how did I position myself?
---------------------------------
With the breakdown of the $60,000 support, the decline deepened in the morning hours today and fell sharply to $56,000.
The $56,600 level has worked as a great support at the moment, but it doesn't mean that the fall is over yet.
The Fed's rate decision will be announced today and how the market reacts to it is really important. If the rate decision is higher than the markets expect, it means that the decline will be even steeper.
If there is a daily close below $56,600, we could see a decline down to $53,000 because there is no support between the two levels.
The price is currently 3% below the lower level of the Bollinger Bands according to the daily chart. Historically, when the price is below the Bollinger Bands on the daily chart, we have seen a rebound immediately afterwards. So, while I don't think we will see new highs again, I think we may see a short-term rise.
I think that I will see +$60,000 levels again in a short period of time and that is why I am closing my short positions and adding to my long positions. However, these long positions will definitely be short term and will be a preparation for new short positions.
As I said before, I expect volume to decline and the price to move more sideways in May and throughout Q2. A move in the $56,000-$60,000 range will frustrate and put most traders out of the game. At this point, the important thing is not to be out of the game and to maintain your positions within the framework of your strategy.
I opened a $ETH long position at $2,860 this morning and I think I will close this position at +$3,000. If there is negative news before this pricing, I will accept the situation and make a stop loss.
Remember, no one can see the future, only predict it. The positions taken depend on one's own risk appetite and financial situation. Always build your own plan!

post from @fulldeg #bitcoinhalving #bitcoin #Memecoins
Now thats #BTC is going down dont rush to sell it if you haven't already. And if you already sold hold it but becarefull. !!!!!markets still bullish...!!! corrections are impressive but best explosive pumps come when you least expect them. **No whale is behind anything you're your on whale🙂 #bitcoin #BTC #Memecoins #ETH
Now thats #BTC is going down dont rush to sell it if you haven't already. And if you already sold hold it but becarefull.
!!!!!markets still bullish...!!! corrections are impressive but best explosive pumps come when you least expect them.
**No whale is behind anything you're your on whale🙂
#bitcoin #BTC #Memecoins #ETH
Good information .
Good information .
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