#BTC☀ has finally become a household name and cemented it's place as a worthy investment. This means that people feel more secure placing their money there over a longer period of time.
We expected that the #ALTCOIN season would begin in december, many feel insecure about this happening at all... Just like many felt insecure when #bitcoin dropped to barely above 18k back in 2022.
Back then I decided to put all my savings in various altcoins as a way to beat the market. I knew BTC would rise, I thought altcoins would rise.
This cumulated into me buying coins like APECOIN and AXS for a premium price, and at its worst I'd lost almost 90% of the value I put in them. I thought these coins were on their lowest, especially considering SNOOP DOGG has and APE project out on his insta. That was my largest mistake.
But I also bought coins like #Solana_Blockchain which surged 10 times the value I put in it. Some more boring projects like #ETH🔥🔥🔥🔥 and ADA which didn't seem to move much.
I made some good choices, some bad, and the result of my painstaking diversification were that I didn't even beat the surge of bitcoin. Though I made money, I had failed to see the institutional interest in Bitcoin. That is, until this month, where coins like XRP and ADA finally surged several times in value.
No, the altseason hasn't been as strong as previously. And I've made several mistakes, but I am satisfied with my gains. And I believe a lot of you are too.
What is my conclusion? I believe a lot of people are currently securing profits.
And... as opposed to previous years where they would secure profits in USDT, they feel secure in putting their SAVINGS into BTC.
This is why the ALT MARKET has dropped and BITCOIN surged to a new ATH. I am currently a bit on the fence on what to do next.
Good morning 😂 Just a modest correction for the liquidation of long positions 👍. Most of those who opened long positions with high leverage have been liquidated. The market is currently in zones of possible bounces for most altcoins, which creates opportunities. Any newcomer who has just entered the market, under no circumstances touch your portfolio. Be careful! Do not sell at a loss. And I mean for those who have a spot wallet. And if you are a PROFESSIONAL and trading with leverage, you know how to behave.
*** This pullback is nothing compared to the upcoming bear market.
This message is for everyone who has recently entered this field and has not experienced a bear market before.
The candle begins at opening price for that hour, and end at the closing price. Depending on how the candle look, you're given information on how volatile the market is.
N4G
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Some people doesn’t even know what a candle mean.
Yup, i bet you don’t know how a candle is being formed, what makes a candle green and what makes it red?
The answer is as simple as the question itself, the amount of buyers and sellers.
Simply, candles were invented to measure the market of an asset, how an asset is performing, and it’s tool to do so is the candle.
When buyers are more than sellers, the candle will be green which indicates interest in buying the asset at the current price.
And if buyers are less than sellers, then duh! The candle will be red which indicates a loss of interest in the asset at the current price.
$ADA Long Liquidation: $7.66K Wiped Out at $1.0983
The crypto market claims another victim as $ADA witnesses a $7,660.60 long liquidation at $1.0983. Cardano’s price dip has rattled traders, demonstrating the unpredictable and unforgiving nature of leveraged trading.
This liquidation event has sparked concern—will ADA rebound, or is this just the beginning of a deeper correction? The pressure is on as investors closely monitor key levels for signs of recovery.
📉 What to Watch:
Buyer Strength: Will bulls rally to reclaim momentum?
Market Momentum: Could this liquidation trigger a domino effect on ADA’s price?
Are you riding the waves or sitting this one out? Let’s discuss ADA’s next steps.
Leverage amplifies moves, but risk management ensures survival. Stay cautious, and trade smart!
We're all watching the same news, and purchasing crypto. This is a little lesson in psychology, when there is bad news for crypto it affects every coin.
Marin Mara Viwu
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Why do they all look almost the same? What happened here?
from here on out it's a gamble, good luck, may your intuition favor your boldness.
Orsy
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hey experienced guys there! this is my first year here still and honestly what is going on today is totally scary and i don't know how to behave right now. is this normal these price droppings? should i hold or cut losses? we are not talking about lots of money, but it's my money😅portfolio is in BTC, ETH, SOL, UNI. just asking around before i do a stupid step again. thanks😙
The player base has diminished a lot because of bad decisions from their side, bit the ones who remain are lojal. It's up to Axie to make their game popular again.
crypto devil Ranjith
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Bullish
AXS, the governance token of the popular play-to-earn game Axie Infinity, has seen significant fluctuations in its price over the past year. While it experienced a meteoric rise in 2021, it has since faced challenges and market volatility. Current Market Sentiment and Predictions: * Short-term: Many analysts predict a cautious recovery for Axie Infinity in 2024. The price is expected to trend upward throughout the year, with potential spikes during bullish market conditions. * Long-term: There are mixed opinions about AXS's long-term potential. While some experts believe that the project has the potential to reach new heights, others are more cautious due to the competitive nature of the play-to-earn market. Factors Affecting AXS Price: * Game Adoption and User Growth: The number of active players and the overall engagement within the Axie Infinity ecosystem significantly impact the demand for AXS. * Market Sentiment: The broader cryptocurrency market sentiment, including the price of Bitcoin and Ethereum, can influence the price of AXS. * Technological Advancements: The development of new features, improvements to the gaming experience, and expansion into new markets can positively impact AXS's value. * Regulatory Environment: Changes in regulations related to cryptocurrency and play-to-earn games can affect the adoption and price of AXS. Disclaimer: It's important to note that cryptocurrency investments are inherently risky. Before making any investment decisions, it's crucial to conduct thorough research and consider consulting with a financial advisor. For the most accurate and up-to-date information on AXS price predictions and market trends, I recommend checking reputable cryptocurrency news sources and analysis platforms. #AXSBULLISH $AXS
Elon Musk would never promote a token which celebrates piracy, but might very well buy it in secret. You all have to admit, it is an interesting project with immense potentional.
ivanz
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$BTTC while Elon Musk, Donald Trump and Justin sun are joining force Elon Musk has still not yet made a single official statement for his support to the BitTorrent token he never mentioned it anywhere.
so the rumors are just that, rumors and will stay that way just the way rumors circulate suggesting the earth is flat. so I dont wanna hear you flat earthers talking about made up things getting people hyped and trapped, shame on you.
Europe has no use for a tool meant to make wealth infinite, we abolished dictatorship and took the power from royalty, not to be controlled again.
TZN Trader
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Congrats to the European Commission. They are doing a great job and we have to give it to them. They are working very hard to make the European Union a wasteland for crypto investors and for the companies that would like to operate on this continent. Thank you EU for protecting investors from being able to have yeld on USDC
Europe is cutting itseld off from a market that is already expanding and will be increansingly expanding for the next few years.
Countries like USA are planning a Bitcoin reserve and want to make the United States the world capital for crypto.
While Europe is trying in every way to regulate negatively a world that needs incentives and not bureaucratic limits among other nonsensical things.
The only sense is to imit the adoption of crypto and not want companies in this sector on their own soil.
Europe will always live in the past and will be left behind on all economic and technological developments if it continues like this.
Careful when you ask other for advice, most don't know your situation and how you adapt to changing markets, and none of them will be babysitting you if the situation turn sour.
Ever since it's inception, eth has been a strong contender in the markets. With it switching from POW to POS and having an ETF on it's back, it's strange that it has not even been close to surpassing it's all time high.
What happened to he Bitcoin killer? Aren't we all forgetting about this legendary coin a bit too much.