If you are stuck and disappointed with $ACT. You should read this...
The ACT token was recently launched and, as usual, launches rarely maintain the bullish momentum seen in the early days for an extended period, with a few exceptions.
However, after profit-taking by pre-launch participants, selling pressure tends to gradually decrease, until the asset reaches a point considered attractive for purchase.
And for what reasons can we say that we are at a good point to buy ACT?
TECHNICAL ANALYSIS - BASIC: SUPPORT AND RESISTANCE IN PRICE
Support and Resistance are regions where the price tends to be repelled. The more times this region is tested and respected, the stronger this support or resistance becomes. However, once they are broken, they transform: what was resistance becomes support and vice versa. Normally, these regions are only broken with significant buying or selling force, which is why they are the best regions for trading.
The objective of this tool, as well as that of technical analysis, is not to PREDICT the future, but to guide the investor/operator on the regions where the risk-return relationship is favorable or not.
An asset's trend tends to continue unless it is disrupted.
So, it is an uptrend as long as the current highs are higher than the previous highs, as well as the lows. In a downtrend, the logic is simply reversed.
Summary: Nothing goes up or down in a straight line. The market moves in waves, forming rising or falling tops and bottoms.
The above chart is current and represents the market size of altcoins that have recently reversed their trend from bearish to bullish.
Are you not seeing strong excitement about the interest rate cut?
You won't see it, except to set a trap for you. It is very likely that there will be a considerable correction in the next few days.
Why?
1 - The price discounts everything that is known and, obviously, this 1st cut has already been priced in. The market only didn't fall on the 18th because it still remained to be seen whether it would be 25 or 50 basis points.
2 - This 1st cut is merely speculative. The real effects of the interest rate cut take weeks or months.
The injection of liquidity into the market is not instantaneous.
The most well-known relevant events are the worst traps in the short term.
Remember the bloodbath that was after the approval of the ETH ETF or the last post-halving?
That's the game: what most people expect never happens. Either they will deceive you using the price or they will deceive you using time.
Just keep calm and follow the plan! We are accumulating 👇 $BTC $ETH $SOL
Until you are mature enough to understand that there are probabilities in the market, there is a very high chance that you will end up doing badly here.
There are no "gurus", there are people who are willing to share their experience in the market.
But of course: learn from someone who has lived through a complete Bear Market and a Bull Market, that is, someone who has at least four years in the market.
Evolve... this phase of blindly following what you heard from someone is one of the earliest stages of the market.
Absorb the content, but consider whether it makes sense or not and make your own decisions.
No one will be right 100% of the time, so act like an investor and be prepared for all scenarios.
Shifting the blame is not the way to go. After all, if things work out, you won't share the profit with anyone, right?!
You may not agree, but the market is fair! Coldly fair... 🤔
The greatest rewards are destined for those who take and strategically manage the greatest risks.
After all, returns are directly proportional to risks.
⚠️ I'm not saying to be reckless or to use irrational leverage.
🧠 Think about it:
Do you agree that in any risky professional activity: if you don't have the necessary knowledge to carry it out, it can be fatal?
⚠️ In the high-risk market, it's no different. If you don't know what you're doing or what you're buying, you'll be massacred.
That's why I'm saying that you'll be comfortable with high risk when you:
1️⃣ At least understand the macro and micro context.
2️⃣ Understand what you're buying and why.
3️⃣ Follow a clear strategy for exposure and closing the position.
4️⃣ Do not subject yourself to the risk of ruin that is betting literally everything in a reckless and irresponsible way.
✅️With this perspective, no noise will disturb you or take away your peace, and you will also have the conviction that VALUE and PRICE are completely different things.
Buying Bitcoin regularly is starting off on the right foot. After all, what is the difference between buying something for 50 or 60k that could be worth 500k?
It is in these situations that you realize that state currency is as risky as Bitcoin. I would even say much riskier...
With a simple signature, your account and assets can be blocked or seized.
Or a state currency that simply went "wrong", and everything you have accumulated in life becomes just a pile of paper.
⚠️ How will the trillion-dollar debts that countries have and that grow every day be paid? Do you really think you are safe with your fiat currency?
Anyway, recently, we had the case of Starlink, which had its assets blocked in Brazil in a monocratic decision, despite being a different company from X. 😱
✅️In these moments, the Bitcoin thesis is strengthened. There are no intermediaries holding your asset unless you allow it. In addition, Bitcoin is becoming scarcer and deflationary.
1️⃣ People leveraged themselves with Japanese Yen at a rate of 0.10%.
2️⃣ They bought stocks, crypto assets, and even currencies from emerging countries with returns greater than 0.10%, the famous "Carry Trade".
3️⃣ They profited from this percentage difference and even ended up paying less than the initial loan, as the Japanese Yen was depreciating.
A great deal until then...
4️⃣ However, the Bank of Japan increased the rate to 0.25%, causing the Yen to appreciate.
Result: The debt of those who took out loans increased both due to the rate and the appreciation of the Yen itself.
⚠️ Why did everything fall? Those who took out loans sold their positions to pay off the debt, hence the fall in country currencies, stocks, and crypto assets.
🤔 People are unnecessarily exaggerating the scenario we find ourselves in.