i will never ask for a tip , never ask for money back to give you from my experience, just trade spot learn to buy the support sell the resistant good luck
A lot of posts are spreading fear between New traders by sharing bearish predictions every day
after that they make wrong decisions.
as an Advice if you're new , learn and apply to make chart analysis and read all the related news about any coin you decide to buy , wait for the best price to buy it by making calculations you'll know that decline will come and just wait to hunt it.
always depend on your analysis only
choose from the top 10 coins to buy , and never sell in loss , if you bought at high prices your patience will turn loss into profit
Just invest in top 10 coins by market cap as a beginning , buy and hold , don't forget to take parts from profit at specific levels
this is called you are working according to plan
don't forget that this market is highly volatile and taking profits is always important , because you will have a better chance to buy again the next correction
The main reason for the flash drops is to liquidate all high leverages from futures
but this is not a sign to open short because the overall momentum is bullish
don't fear and avoid high leverage , also don't get fooled and open short , even if the market makes another correction its normal and you cannot control it.
don't look on short term and scalp trades , always open a long term trade according to major market movements
scalp trades is very danger and will make u stressed and sometimes you forced to leave the market forever
Let the market build new resistant area , and observe the high demand zone , 2 months ago our only wish was to see Bitcoin above 73k , i think it has already impressed us and its a normal cycle after great Bull wave it must find new demand zones , till now its a very healthy correction
The main reason for the flash drops is to liquidate all high leverages from futures
but this is not a sign to open short because the overall momentum is bullish
don't fear and avoid high leverage , also don't get fooled and open short , even if the market makes another correction its normal and you cannot control it.
don't look on short term and scalp trades , always open a long term trade according to major market movements
scalp trades is very danger and will make u stressed and sometimes you forced to leave the market forever
alt coins didn't accommodate that Bitcoin reached 99k and they have stucked
Bitcoin selling is much easier than alts because of ETFs , that's why Bitcoin dominance is high
but the whole market will increase next months because you have american president is investing with us which means that we have a fully support and more good news to come
For the last 10 days when i saw a lot of short signals , i laughed at them and said , they will realize that this wave will destroy them all , stop following anyone we are in crazy bull market
it's the time that we are all waiting for BULL Market started a new investment is entering the market you know why because the president of the USA himself is investing in it.
don't worry about the coming , no major decline , only corrections