check. increasing. strategy: correct. status: hold. | DrAID on Binance Square

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check.increasing.
strategy: correct.
status: hold.

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#BitcoinHashRateSurge Bitcoin's hash rate has skyrocketed to a new all-time high, surpassing 800 exhashes/sec. This surge in computational power signifies increased miners participation and network security. However, it also raises concerns about centralization as a few large mining companies dominate the space. While a robust hash rate enhances Bitcoin's resilience against attacks, the concentration of mining power in fewer hands could potentially impact the network's decentralization goals. Long story short - BTC bullish for now. But how long?

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#CryptoReboundStrategy My strategy is simple. I always expect the market to go lower. Therefore, I use upward rebounds as an opportunity to place orders lower for a FURTHER fall. If the price goes completely down (below the previous loy), then I simply wait for the fall to end and only then start averaging. That's all. All that remains is to choose those coins that do not always fall, or better yet, those that do not fall relative to Bitcoin.

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$BIO Unpleasant, but nothing critical. Let's wait until the end of the month. Don't want to buy on this level. If it will go lower - I'll average. ($0.5). Otherwise - will keep as is.

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