#Binance

#Bitcoin

#CryptoWatchMay2024

This stock market is not like other stock markets. Logic and reason are of little use here. If your money is short-term, if you plan to get your money back within two or three months and use it in real terms, you will leave with a negative balance.

If you do not need the cash you invest in crypto, you will earn with patience, follow-up and analysis, not with reason and logic.

There is no doubt that almost everyone who tries to make money on this platform is very smart and brave.

There are two mistakes most of us make. The stock market, which gets rid of these two negative behaviors: the first being fearful of declines and selling at a loss, and the other being overconfidence.

Our main topic is the whale craze that turned the crypto world green and increased $BTC by 5k in one day.

Crypto whales and BTC ETFs have brought great movement to the stock market for two days. They were a breath of fresh air for us, the altcoin owners. Since the collapse, losses that reached 50% have decreased to 20%. 63k openly stated the fact that both btc and altcoins are protecting their reputation. If we close the week above 63k, I think we will follow a horizontal upward trend next week.

I believe that next week, long and short sellers will act a little more freely and benefit little by little.

I exited by taking profit from two altcoins. I still have four different altcoins in my cart. I will act according to the course of BTC on Monday of the week.

No writer, including me, can make you rich. Your patience is very important, the right moves you make in the right place will make you money. Believe me, those who say "Get together and how to make money" are more inside than you.

On days when it is unclear what will happen tomorrow, do not be aggressive, do not trade, and do not focus on crypto. Find yourself a different hobby. Remember, to be a good hunter, aiming well is not enough; you also need to wait patiently.

What I write is not investment advice. #DYOR