That's the question I've seen all day on the internet. And that's the question you'll see throughout the bull market, asked everywhere on social media with each person giving a different explanation.
Why does everyone wonder why Bitcoin dropped and no one asks why Bitcoin rose? Because investors seek reassurance, they seek to blame someone. They seek a culprit, someone to say, "It's because of him, it's not because of us!"
The truth is, it's all bullshit. The reason Bitcoin rose is that there were more buyers than sellers, and the reason Bitcoin dropped is that there were more sellers than buyers. With every significant price movement, people will seek out outlandish explanations to justify a classic market move, like the others, only to reassure themselves.
The truth is, there's no explanation for market movements: people sold because they wanted to take their profits, or they lost confidence in cryptocurrencies, or they needed money to fund their wedding. That's the explanation: it's different every time because there are as many explanations as there are people who sold. The bottom line is that the market dropped, and that's all that matters, regardless of the reasons. Act accordingly, and you'll start making money. Spend your time analyzing, learning, rather than searching far and wide for the reason behind an asset's drop.
When you understand this, you'll be much more responsible in the markets and much more likely to profit than 95% of other investors. Believe me, I speak from experience.
This post reflects only my opinion.
Thank you for reading.
If you enjoyed it, don't hesitate to like, comment, share the post, and especially subscribe. It helps me a lot.
That's the type of headline you'll see throughout this bull market. Or:
END OF THE BULL RUN!! SELL EVERYTHING!!
The crypto market is the most emotional market there is. You'll see it during this bull market. Hundreds and hundreds of crypto influencers will send you information from all directions, all different from each other. The worst part of all this is that most of these people are new to the market and are discovering cryptocurrency and a bull market cycle just like you are.
Don't even pay attention to them, don't even read what these people write: they have interests in making you buy certain cryptos through partnerships or making you sell others, know that and take it into consideration.
Instead, prefer the least sensational titles, the least emotional and most analytical people. Also, don't dismiss small creators: they often have the least reason to lie to you because they're not yet big enough to get partnerships.
Everything I'm telling you here is from lived experience; it happened like this during previous bull markets and will happen in all future ones.
Hoping some will understand what I'm saying.
This post reflects only my opinion.
Thank you for reading.
If you liked it, don't hesitate to like, comment, share this post, and especially subscribe, it helps me a lot.
Btc successfully tested the recent 69k support as mentioned in previous post. To continue the bullish trend, BTC will test it further. Be aware !! Fake breakout might happen. Avoid taking positions Right now. If this support level is broken with high volume, then short term bearish trend for BTC will start. But right now I'm Bullish on BTC.
Bullish flag pattern found in uptrend. Price action is currently consolidating in flag channel and reacting to past resistance and support levels.
EDUCATIONAL : Flag patterns in any upward or downward trend shows continuation of the trend. It is like a trend correction for gaining momentum for the continuation of the trend.
Wait for breakout and retest of channel for further action.
I'm bullish on AR.
Don't be a guy that buys on top and sells on the dip.
More voices for SLP in the market means sentiment for sLP is building. Might see significant rise.
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Crypto Hackers
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Optimistické
#SLP is going to fly in near future 🚨 #target is about $0.012 (2x) ... Just got the signal gor you 🚦 #Appreciate me with a #TIP if you got good profit 🎯
If there's one lesson I've learned from previous bull markets, it's this: take your profits. Sell your cryptocurrencies, it's always better to sell too early than too late. If it's too late, you'll regret it. If it's too early, you'll have a sense of satisfaction that will be well deserved. People have lost much more money by selling too late than too early.
Implement progressive selling methods: set yourself, for example, 5 selling tiers, and tell yourself that you're selling 20% at each tier to take advantage of a big rise. Set yourself a discipline, it's absolutely necessary in crypto investment. Don't buy just to buy: the ultimate goal is to make money, so sometimes you have to take your gains. Don't forget this, it's absolutely fundamental.
This post reflects only my opinion.
Thank you for reading.
If you liked it, don't hesitate to like, comment, share this post, and follow me, it helps me a lot.
A whitepaper is typically a detailed document aimed at informing readers about a specific topic or project. In the blockchain realm, it serves as a guide outlining the key features and technical aspects of a particular cryptocurrency or blockchain venture. While many whitepapers focus on coins or tokens, they can also cover various projects like decentralized finance (DeFi) platforms or play-to-earn games.
These documents often include statistics, diagrams, and explanations of the project's governance structure, team composition, and development roadmap. However, there's no one-size-fits-all approach to creating a whitepaper, as each project tailors it to suit its unique needs. Ideally, whitepapers should be unbiased and informative, providing clear insights into the project's objectives and functionality.
Investors should approach whitepapers with caution, scrutinizing them for persuasive language and ensuring they offer sufficient information without making unrealistic promises. While cryptocurrency whitepapers are akin to business plans, they're typically released before the project's launch, serving as a foundational document outlining the project's vision and goals.
Spot trading is a direct and immediate form of trading, with transactions settling instantly and without any kind of leverage. It’s one of the most basic forms of trading and can be done with a variety of asset classes, such as cryptocurrencies, stocks, commodities, forex, bonds, and more.
Although spot trading may occur directly between traders, transactions are usually facilitated by an exchange like Binance.
What’s the Difference Between Spot Markets and Futures Markets?
Spot markets execute instant or short-term trades with immediate delivery, while futures markets involve contracts that set delivery for a future date. Spot trading relies on the current market price based on supply and demand. Futures contracts, on the other hand, are based on agreements between buyers and sellers.
What’s the Difference Between Spot Trading and Margin Trading?
Spot trading requires full asset purchase and immediate delivery, while margin trading allows borrowing funds to enter larger positions. Margin trading amplifies both potential profits and losses, offering increased risk and reward.
Btc successfully tested the recent 69k support as mentioned in previous post. To continue the bullish trend, BTC will test it further. Be aware !! Fake breakout might happen. Avoid taking positions Right now. If this support level is broken with high volume, then short term bearish trend for BTC will start. But right now I'm Bullish on BTC.
Btc just crossed it's previous ATH and daily candle is closing above it. it gonna test 69k recent support to confirm it's bullish trend. not a investment advice. DYOR$BTC $ETH $BNB #BTC #Aevo #BitcoinHalvingAlerts #TradeNTell #Write2Eam
AR testing it's 39.3 support level and trying to bounch back to 47.5 resistance.Rsi showing exhausted bears. It's prepared for flight ✈️. Not an investment advice. DYOR $AR $BTC $BNB #BTC #ARUSDT #link #TradeNTell #Write2Earn
Educational Post What is a Fakeout? A fakeout is a term used in technical analysis (TA) that refers to a situation where a trader enters a position expecting a price movement that ultimately doesn’t happen. In fact, in most cases, a fakeout is used to refer to a situation where the price goes in the opposite direction of the trade idea or signal. A fakeout may also refer to a “fake breakout,” or false breakout, where price breaks out of a technical price structure, only to reverse shortly. A fakeout can amount to a considerable loss. Technical analysts may identify a pattern that fits perfectly with their strategy, and looks to be playing out as expected. However, the price may reverse very quickly due to outside factors, and the trade can quickly turn into a hefty loss. As such, in anticipation of a fakeout, many traders will plan their exit strategy and put on stop-loss orders in advance of entering trades. In fact, this is quite a common strategy for basic risk management. What is a Breakout? A Breakout is a term used in technical analysis (TA) That refers to a situation where a trader enters a position following the situation where the price goes along the direction of the trade idea or signal. In this scenario, candles close above the resistance level. A Breakout is followed by a retest of this resistance level typically signals bullish momentum. At the successful retest of level, a trader can enter a trade. If you find it helpful, please like,share and follow for more educational posts. This is not a investment advice. DYOR $BTC $ETH $BNB #HotTrends #educational #Write2Earn #TradeNTell #BTC
EDUCATIONAL POST What is Market Momentum? The term market momentum refers to the ability of a particular market to maintain a continuous increase or decrease in price within a certain timeframe. Essentially, market momentum is what creates a market trend. Since the market momentum is a result of the variations in the market price of an asset, it also reflects the current market sentiment. As such, market momentum can be used in technical analysis (TA), helping traders identify trading opportunities. These opportunities may arise during bullish or bearish trends (when market momentum is getting stronger) or during reversal points (when market momentum is getting weaker). However, market momentum is not only related to the price changes but also to the trading volume. This means that high volumes of trading activity indicates a stronger market trend and, thus, a stronger and more reliable market momentum. Many traders and chart analysts make use of TA indicators to measure market momentum and try to spot possible market trends. Some examples of these tools include the Relative Strength Index (RSI), the Stochastic RSI, the Volume Weighted Average Price (VWAP), and the Moving Average Convergence Divergence (MACD). If you find it helpful, Please like ,share and follow for more posts like that. $BTC $ETH $BNB
On a daily timeframe level, the price action of $USDT DOMINANCE has successfully broken down its Horizontal Support level and is heading towards another Sell Side Liquidity level.
USDT Dominance -up
- It means more people are holding USDT than other coins - Which is bad for ALT coins
USDT Dominance -Down - It means more people are investing in Other coins - Which is Good for ALT coins
AR testing it's 39.3 support level and trying to bounch back to 47.5 resistance.Rsi showing exhausted bears. It's prepared for flight ✈️. Not an investment advice. DYOR $AR $BTC $BNB #BTC #ARUSDT #link #TradeNTell #Write2Earn
Btc just crossed it's previous ATH and daily candle is closing above it. it gonna test 69k recent support to confirm it's bullish trend. not a investment advice. DYOR$BTC $ETH $BNB #BTC #Aevo #BitcoinHalvingAlerts #TradeNTell #Write2Eam