I choose option 1 from the previous post, okay everyone.
I didn’t want to post because the views are too high, fearing it would drag on longer, but my conscience won’t allow it, so I have to post:
1. At this stage, DCA altcoin is a crime. $ETH and $BNB are still bearable, but other altcoins are a mess.
It’s normal to pump up and dump down at this stage. This time is very suitable for MM to hunt for leverage, so everyone should be careful.
2. If you're afraid of missing the boat, DCA $BTC can make you safer, but the profit will of course be lower. If the volume is high, you should only invest in BTC.
3. The duration depends on how much bottom-fishing you do. Long or short, so I can only estimate by the end of January 2025.
This stage is just the normal sideways movement of BTC, but altcoins will be slowly dumped but feel it 🥵🥵🥵
Fed Chairman Jerome Powell stated that the Fed "is not allowed to own Bitcoin." Whether the U.S. government should hold Bitcoin is a decision for Congress, but the Fed has no intention of holding any Bitcoin.
FED interest Rate decision will be made tomorrow. They are expecting another 25 BPS cut in interest rate. #Fomc conference will held 30 minutes after the decision.
You can expect some volatility during that period. In my opinion Most of the Altcoins are sitting at the key zones so hopefully we will see a move up later today or tomorrow.
Since $1000CAT listed on binance Here is what you should do when a new token launches on exchange
1- Find out if there was an ICO (initial sale) for the coin. If there was any what was the sale price.
2- What will be the total supply of the coin and how much is circulating at the time of launch.
3- What sector of the technology they're focusing on? is it Ai , ecosystem, gaming ,layer 1 or 2 or any other crypto narrative. Cat is a memecoin
4 - Once you get all the info wait and see at what price the coin is launched. Compare the gap between the ICO price and the launch price.
5- What's the marketcap of the coin at the time of launch. If it's too high it's not worth buying right at the launch. it's most likely launched at higher prices and people who got the presale or free airdrops will rush to cash out.
6- Make sure the price is not too high from the ico price and marketcap is less than $500 million.
7. Find out if it's a new coin or already trading on other exchanges.
8. Find out if there was a free airdrop of this token.
Once you find out all of these details. Now ask yourself should i chase this coin right after it launched or not?
My personal suggestion to you : Don't even buy a coin right after it launched
- Watch the price action for a few hours - Let the coin build a base price. -Make your decisions .
up bô. I have spare money. not afraid. feel comfortable
Lucifer-BB
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The current data is mostly fear, but what do you think about same-sex relationships???
Wrong,
What do you think about $BTC reaching 110k and Altcoin x3 x5 in just one day???
It must be unbeatable Fomo 🤣🤣🤣
This is just my imagination, whether MM actually does it or not, I don't know 😝
So you guys try not to let it manipulate you, corrections will definitely happen, but which position it will correct from is what MM will know 😆
Anyway, you guys should try to be consistent with your opinions and stick to them, just don’t jump in right at the top when you see it pulling a x5 🥹
P/S: I keep getting trapped and played by MM, so my opinions are sometimes right, sometimes wrong. Don't trust me too much. However, taking profit and cashing out a part after a while is necessary.
Especially the act of withdrawing capital while keeping profits.
Maybe I'm weak, so I’m not good at holding 🤣
Wishing all the youth holding x5, x10 this season. You have overcome so many storms, so you deserve it 🥰🥰🥰
Someone must have reported it or something because the new post just disappeared. I wonder if it's because of the national Crypto secret being revealed 😌
Data is starting to show signs that you guys are about to reach your limit, starting to chase Long now.
It's not too much FOMO yet, so it might not sweep. This position isn't very good for sweeping, so usually $ETH will break the peak before sweeping.
Altcoin has swung the W, so the range is wide, be careful. It will sweep stronger from now on.
P/S: If anyone sees this post, please comment for me. Suddenly, many young people are saying they can't see today's post.
Today I have some free time to check all the market data. Today's data is really beautiful, everyone is almost in shock 😵💫😵💫😵💫
The reason we are going up is simply because of greed 🥶🥶🥶🥶
And the Market Maker (MM) doesn't like it that way, so it's natural for them to clear things out.
There are 2 reasons why timing is wrong as follows:
1. The market is indeed too FOMO at the time of 1.2T when the total just touched 3.
=> However, altcoins are still at a very low position; the clearing will cause the bottom to break and not enough shock to kill margin x3.
So the MM has to wait and not clear right away for that reason.
2. USDT borrowing has risen to over 34%, the borrowing amount is too large => Must clear it out to eat more.
3. You guys are not willing to let go of some of your holdings.
=> After eating, you should let go a bit, being too greedy is not liked by the MM. They will send you on a roller coaster ride.
Whether right or wrong in this market doesn't matter much; what matters is whether you lose or make money.
I’m posting this to self-document and gain experience for the future. Feel free to criticize, if you're ignorant, just accept it 🤡🤡🤡
P/S: There will be a bounce today or tomorrow, but there might be a retest and further clearing in the coming days. Remember to be careful.
The batch of altcoins will bounce a little or a lot depending on the coin, but most will retest the bottom from before one more time (may go below the bottom). Any altcoins that are in wave 3 entering wave 4 will correct a bit, so be careful.
***Next time, I will cash out according to the plan, instead of being too greedy. ☺️☺️☺️