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CRYPTO MECHANIC
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2018 i sold 6
BTC
and bought a house.
It's now worth 0.5 BTC.
Hehe 😂
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Is it finally time for Alts?
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$ETH catching volume can be a good sign for other Alts
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I haven't sold any of my Altcoins. Most of you know I'm positional trader. i do not trade to catch small moves. You know how i played $BTC from around $60k levels. My aim is to catch the same swing on Altcoins. it may take a few weeks and i don't really care. This is how positional trading works. If i get a chance to get Altcoins lower I'll happily add more but i know what I'm aiming for.
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This meme coin "Chill guy" is everywhere on social media and it hit a $500 million marketcap yesterday, But guess what ? The logo is copied. The artist came out and said in his tweet that i am going to Sue them as they used my art for profit related things. Not only that , in response the Chill guy tweeted an address and asked for donations that will be given out to the chillguy Artist. People are now sending their donations to that wallet and as of now it received 450 thousand dollars.
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Many of you are asking me or wondering why bitcoin is going up while Altcoins are going down only. I'll drop some thoughts about why it is happening. 1- When bitcoin leads Altcoins least likely to follow, This is how the money flows into crypto it goes into Bitcoin first and then likely into Altcoins. But it will always be difficult to find which Altcoin or category will perform as there are now so many options. 2- Big players are more interested in buying bitcoin. 3- Like i said People now have so many options to trade, so maybe the one I'm holding or you're holding doesn't go up at all. so it's always better to have the ones that are getting some volume and are in a clean uptrend. 4- It's always the retailers who pump altcoins and they are now more interested in meme coins. There was a time when people were chasing Altcoins on leverage trading but now they got the bigger gambles "memecoins" I think these are the few factors affecting the Altcoins market. Good Altcoins will eventually do well imo. what do you think about it ?
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