$MAV I don't care if he is air, what's the use, I know the core of this coin's market is very strong, so I continue to increase my position, but the washout is also very severe, it does not affect my confidence in him reaching 6💲.
Today I want to talk to you about why Grayscale keeps selling BTC. It is estimated that many currency friends have always had a question, isn't this the early stage of the bull market? Why does this idiot like Huidu keep selling? Because the management fee is too high, it dropped from 3% to 2.5% in January 2020. The current management fee is still 2%. Users are dissatisfied with the current 2% custody fee. With so many ETFs approved, users have better choices. , users choose ETFs with lower custody fees. A large part of the outflow of Grayscale was taken over by other institutions, that is, the left hand was replaced by the right hand, but there must be a small number of people who cashed out their profits. But this small group of people will definitely enter the market at a high price and act like fools as long as they are still in the financial circle. So brothers, don’t be afraid that the cow is always there.
Below are the hosting fees for each institution.
Grayscale: 2%
Valkyrie: 0.49%
Franklin Templeton: 0.29%
Fidelity: 0.25%
VanEck: 0.25%
BlackRock: 0.2% for the first 12 months, raised to 0.3% after 12 months or AUM reaches $5 billion
Galaxy Invesco: 0 in the first 6 months, raised to 0.39% after 6 months or AUM to $5 billion
Wisdomtree: 0 for the first 6 months, raised to 0.3% after 6 months or AUM to $1 billion
Ark/21Shares: 0 for the first 6 months, raised to 0.25% after 6 months or AUM reaches $1 billion
Bitwise: 0 for the first 6 months, raised to 0.2% after 6 months or AUM reaches $1 billion
It has been observed that Bitcoin holdings have increased significantly in a short period of time, and it is expected that the decline will continue to increase. Please pay attention to safety, no rebuttal will be accepted
Protect your principal. Don’t rush. If you rush in again, you won’t have any bones left. Be careful not to damage your principal. Again, there is no shortage of opportunities in this market, and you will never go short. You will always be short of principal. #BTC #sol #
This kind of A-killing behavior is just the beginning. Brothers must protect their principal, so that when the bottom appears in the future, they will be fully armed and shoot down the whole place. Whatever they want to buy will be a bargain. The current action is not to rebound, but to lure bulls #BTC
Today, at a large level, the exchange rate of Ethereum against Bitcoin has crossed bullishly for the first time in 2020, and has completely fallen below and ended in 2023. Therefore, in this bull market cycle, it will become very rubbish. , it is better to run away as soon as possible. In the short term, about 72% of the people who are long in the Ethereum contract market are opening long. At the same time, the contract positions have reached a new high. At present, this is a liquidation of the leverage market. In this stage, no matter how much money you put in, you will die if you go long, so you should still be cautious in buying lows in the short term. It is more appropriate to do short-term operations until all the leverage is cleared. For short positions, try to be short and don't move around. There will definitely be a large waterfall and a negative market, because the bull market does not allow everyone to make money, and only 10% make money. Everyone continues to wait. #BTC #热门话题
If you want to make money in the bull market, here are some suggestions: 1. It doesn’t matter whether the ETF of the big pie passes or fails. Once it passes, it is basically impossible to catch up. 2. The benefits of halving the pie are certain. 3. Auntie Cancun’s upgrade is expected to cause a stir on the market, there is no doubt that 4. The 2024 U.S. election will definitely stimulate the economy. 5. The Federal Reserve will definitely cut interest rates next year, it’s just a matter of how much. The above are basically things that are bound to happen, and the market trends from 2008 to 2009 can be replicated. Don't think about hitting the bottom next year! Just leave some chips and wait. If it falls sharply, then stud. If it doesn't fall sharply and keeps rising, you won't be so anxious. At least half of the position is currently held, otherwise the bull market may not be able to catch up. Long-term bullishness is right#BTC #ETH
Now the market-washing methods in the currency circle have changed, and we can no longer look at this market from the previous perspective. Many people always feel that this market will give them a chance to get on board. Like the previous waves of bull markets, the market will rise to a certain level. In the first stage, it will quickly start to fall by 20%, and then start to recover sideways, so that you can slowly buy the bottom.
However, the fact is that this bull market started from 25,000 to 45,000. Every correction was quickly withdrawn, and no opportunity was given to those who were short of the market. The counterfeit pins were inserted down by more than 30% to clean the leveraged contract and then continued to rise. Prices have already gone up before many people even react. This is why I have always emphasized that those who are short will continue to be short.
So is there still a chance to get on the bus? Of course, no matter how the market changes, the sector rotation will never change. You can only ambush in advance when a certain sector has not taken off, and then wait for the arrival of the main rising trend of the sector, otherwise you will keep on waiting and watching. If you are short, or you are chasing hot spots, you will most likely be trapped, and then the funds will be rotated to other sectors. You can only watch others make money on the side, so you must understand the rhythm of the market and the dealer's washing techniques, otherwise you will not be able to win in this market. Always cannon fodder.