šøWell Bitcoin Dominance did how I anticipated and Altcoins are having some best times of their lives. Everyone is fomoing thinking they'll multiply their portfolio overnight. Well guess what, here lies the Btc Dominance's Area of Interest.
šøI can see many influencers calling it the ultimate Alt season & calling for dominance to doom towards 40 directly. Such Analysts are either to stupid to see the bigger picture or really fool their userbase. Don't get trapped by such shams
šø Coming to any analysis, I Can see 2 scenarios:-
š„ Dominance makes the local bottom here between 54-55. We may have a week or more of Altcoins fireworks before the reality check to noob over-leverage overtraders (Red Scenario)
šø Either way, I am expecting Bitcoin to take control again later December & Dominance to have that final leg up above 62, soak all the blood from alts and pump alone with some Trendy alts only.
šø IMO, corrections willĀ happen with in 2 weeksĀ and a flash crash is likely to happen inducing a massive liquidation crash across Altcoins. You can use those as an opportunity to get into the markets only if you have some liquidity to buy dips. Treat them as blessing
šøPersonally, I've booked 60% Profits on my Altcoins and the rest are my Hodl bags. I'll buy the dip and inform you guys. Won't short Altcoins here as they might have a few last days of exit pumps & don't want to end up being on the wrong side but I'm ready to miss these final few gains to preserve my capital
This is my honest advice. The final choice will be yours though.
Hesitation is what can be a good or bad omen I loaded 100ā¬ just now on $COW when it was at 0.32ct ... I prepared the purchase of 313 cow and I canceled no hindsight no visibility or clarity! And now I missed the opportunity at 130 dollars profit ... what a shame but difficult to know ...
$BTC $ETH $SOL should we buy or sell with the explosion this morning following the presidential election what is the right decision for you to invest or wait for a possible fall following a sharp rise and massive resale... #buy #sell
#MyFirstSquarePost Newly registered on Binance Square, I look forward to sharing and connecting with everyone here! And here is my first question ... I bought prosper yesterday after the rise ... it has been falling since this morning ... do I sell or hold? Thank you