If we observe BTC movement in daily chart it is evident that during last week bitcoin valve varies between 63k to 68k. so if newcomers want to trade they should follow the pattern on daily trade.
In case of xrp figure of 6.1 to 6.5 is the bracket inwhich you have to play.
If you buy higher and sell in panic then you are giving to market rather than earning from it.
for beginners it is always a good policy to play on spot crease rather than in futures.. DYOR #BTC #sol #XRP/USDT🔥🔥
Xrp inspite of surpassing trend line failed to breakout. Now with the market it went down to 0.60. Reasons of becoming too slow may be many. besides sec decision otherwise its fair value is higher than even double the present price.
Ripple manipulations to keep it low may be a strong speculation.
anyhow xrp if not manipulated may explode any time. DYOR #XRP#BTC#ETH
After touching highs crpto market got a nose drive but negotiating with the gravity it recovered and then stabilised before another mild dip.
now again market has partial recovery. so its time to decide..... if you want to take profit in altcoins you can, and wait for the dip to purchase again.
option 2 is to continue holding especially btc bnb and solana as their is danger that you can miss the repurchase.. DYOR #BTC #BNB😶🌫️ #SOL🔥🔥🔥🔥 #xrp
patience for few more days then crop the benefit of your patience..
Ok now get in hands of negative attitude... if you sell some one is sitting like vultures on your efforts and he will eat the fruit of your investments.
so come on boys and girls. don't spoil ripper fruit of your crop and wait for best.. #BTC #sol #xrp #BNB"
As market goes down, every one is getting worried about future of their funds. Well panic selling remains topmost factor if we keep in mind previous ATH always followed by the Big Dump.....😒😒
But Don't worry as situation is different... Now stake holders are not only small investors but this time Institutional stakes are much higher then general public. moreover market has grown to mega size trillions economy.
Now what to do..... buy at dips and swim with flow should be the policy....
Even this bull run is hitting hard to inexperienced 😊
these are some reasons.. 1. Low capital 2. Experimental dive in futures 3. Greed... and not booking prifit in time. 4. lack of patience and HODL #Write2Earn#BTC
In short insightful journey through 2023, the crypto industry has navigated challenges, spearheaded innovation, and traversed regulatory landscapes. Its resilience and adaptability underscore a trajectory toward mainstream acceptance. As we await the unfolding chapters, one thing remains certain—the crypto saga is far from over. It would be exciting to see what 2024 will bring for crypto enthusiasts, investors, and traders.
YES in 2010 one of my friend told me that bitcoin is something people are talking. YES I also missed the chance as like billions of people I couldn't predict future. Yes it was my fault only because bitcoin was only one cryptocurrency at that time.
But now among mushroom growth of crypto no Saint can pinpoint that this crypto is going to rise from hundreds of new things. 99 % of these are flop projects. I took crypto as study and observed for last 3 years. inspite of my best efforts and desire I did not get any good fortune in crypto industry.
so what I perceive from my experience is that if you are ordinary man like me, you have to do trading only. Luck will come as lottery only and not as often.
SO while you jump in pool of crypto currency SAFETY is foremost important
then comes skills and techniques
wait for luck after placing check valves lest you can loose all your hard earned wealth...
as a Beginner binancian I found this the best opportunity to earn risk free income. Thank you binance not only teaching us all the skills of crypto and passive income but also being risk free.
I lost significant amount of my capital and savings as a small investor, before I hard learned this important general rule<< " BUY when market is selling and SELL when market is buying and don't wait for heavy profits"