$BTC Did you guys ever wondered why altcoins decrease in value with bitcoin price going down? Let me tell you why:
There are many reasons why altcoins loose value more dramatically than Bitcoin when the market fluctuates but let me tell you 3 of them:
1. Risk Aversion: Bitcoin is the first and most established cryptocurrency, and it is often seen as a safer bet by investors. During periods of uncertainty and market downtrends, investors tend to buy Bitcoin, pulling their money out of altcoins which are perceived as riskier. This shift in investment cause altcoin prices to plummet.
2. FOMO (Fear Of Missing Out): When Bitcoin's price surges, some investors tempt to jump on the bandwagon, hoping to capture some profits. This leads them to selling their altcoin holdings to buy Bitcoin, further pressuring altcoin prices downward.
3. Bitcoin Dominance: The total market capitalization of Bitcoin compared to the entire crypto market means Bitcoin dominance. When Bitcoin dominance increases, it signifies that investors are putting more money into Bitcoin relative to altcoins. This leads to decrease in altcoin valuations.
$BTC please stop placing short orders, the More orders are placed on one side the more it will go against it and liquidate your position, every time it reaches near liquidation price it will liquidate your position no matter what
What is neutral future grid bot and how it works and, is it beneficial or not?
A neutral futures grid bot is an automated trading strategy designed to capitalize on price fluctuations within a specific price range in the futures market. Unlike long or short grid bots, it doesn't take an initial directional position (long or short) on the asset.
Here's how it works: You define a price range for the bot to operate within. The bot places buy orders at regular intervals below the current market price and sell orders at intervals above it. If the price goes down, the bot buys at a lower price, potentially profiting when the price bounces back up and it sells. Conversely, if the price goes up, the bot sells at a higher price, aiming to profit when the price dips back down and it buys again.
the bot capture profits from price swings within the defined range, regardless of the overall upward or downward trend.
Here are some key points about grid bot: Suited for: They are best suited for range-bound markets, where the price is expected to fluctuate within a specific range for an extended period.
Advantages: Potential for profits from price volatility. Requires less directional prediction compared to long/short grid bots. May offer better risk management by not taking a large initial position.
Disadvantages: Requires careful setup of the price range to capture enough price swings without venturing outside the range. Can generate a lot of trading activity, leading to fees. Futures trading itself is risky.
My personal review: it's best and better you don't have to worry about liquidation and it is best for a steady profit without worrying about placing orders
What is neutral future grid bot and how it works and, is it beneficial or not?
A neutral futures grid bot is an automated trading strategy designed to capitalize on price fluctuations within a specific price range in the futures market. Unlike long or short grid bots, it doesn't take an initial directional position (long or short) on the asset.
Here's how it works: You define a price range for the bot to operate within. The bot places buy orders at regular intervals below the current market price and sell orders at intervals above it. If the price goes down, the bot buys at a lower price, potentially profiting when the price bounces back up and it sells. Conversely, if the price goes up, the bot sells at a higher price, aiming to profit when the price dips back down and it buys again.
the bot capture profits from price swings within the defined range, regardless of the overall upward or downward trend.
Here are some key points about grid bot: Suited for: They are best suited for range-bound markets, where the price is expected to fluctuate within a specific range for an extended period.
Advantages: Potential for profits from price volatility. Requires less directional prediction compared to long/short grid bots. May offer better risk management by not taking a large initial position.
Disadvantages: Requires careful setup of the price range to capture enough price swings without venturing outside the range. Can generate a lot of trading activity, leading to fees. Futures trading itself is risky.
My personal review: it's best and better you don't have to worry about liquidation and it is best for a steady profit without worrying about placing orders
$BTC more than 200 hundred thousands 100k$+ amount of whale addresses, sold $BTC from mar 3 till today may 9, creating buy opportunities for those sellers who sold at $70k to 73k this creates a green signal along with fear, fear and greed index has dropped from 92 to 52 with decrease of 24h volume from 250billion dollars to staying between $50b to $60b dollars since past month! Market is in absolute fear
$BTC Result no 5: I want to see those people from my previous post where they were so confident on BTC hitting 100k! I Hope you guys are crying in the corner now🤓 $ETH $BNB #altcoins #buythedip #MicroStrategy #BTC🔥🔥🔥🔥🔥 #
LIVE
TradeitNIG
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Bearish
$BTC don't fall for the little pump, it's going do dip again, these are just some whales eating their last meal of your plate before it go down the bullish trend is ended the sell orders are high, in the next 48 hours you will know it! See ya guys, it's best time for opening short orders #BTC🔥🔥🔥🔥🔥 #dipprofit #BearishAlert #BEARISH📉
$TRB let me warn you, $TRB price will hit all time low once again, once the traders take their profit and leave it, most of spot traders are happy rightnow and encouraging other new investors of crypto space to buy it and hold but they don't know this
When all coins are losing their value why is it gaining? The answers is it has low marketcap and it was dead for so long as it need few millions of bucks to go up the same way it need few millions of bucks sell to come down, only way the token can survive is if all other traders take interest in TRB aswell and this is not going to happen the coin is too volatile
whale traders playing around in TRB after done with other alt coins! They will leave this too
But some people with 100$ investment is holding to become a millionaire just because some early buyers are encouraging them
Look at the wallets and whale holding and the invested amount which is too less and around 1m$ of that is just in hold by 97 people!
The whale holdings are 5 times bigger than investors it's 400k vs two million and they will eat you!
$TRB let me warn you, $TRB price will hit all time low once again, once the traders take their profit and leave it, most of spot traders are happy rightnow and encouraging other new investors of crypto space to buy it and hold but they don't know this
When all coins are losing their value why is it gaining? The answers is it has low marketcap and it was dead for so long as it need few millions of bucks to go up the same way it need few millions of bucks sell to come down, only way the token can survive is if all other traders take interest in TRB aswell and this is not going to happen the coin is too volatile
whale traders playing around in TRB after done with other alt coins! They will leave this too
But some people with 100$ investment is holding to become a millionaire just because some early buyers are encouraging them
Look at the wallets and whale holding and the invested amount which is too less and around 1m$ of that is just in hold by 97 people!
The whale holdings are 5 times bigger than investors it's 400k vs two million and they will eat you!
Where are those who were saying BTC is going to cross 75k yesterday, when I said it is not going to cross 75k in this bear and bull competition, so place short orders but they didn't listen, the bull trend was exhausted after dipping from 73k to 60k!
Best coin for long term holding is Zerolend which is just one week old and listed on all major exchanges except binance currently trading on 0.0005 price with 30m$+ marketcap #altcoins #CryptoWatchMay2024 #buythedip #AltcoinGains
Maybe some of you remember that Yesterday I did post about 3 gems and one of them was $GTC and right after that the trading volume increased from 5 to 16 million dollars, with increase in price from 1.19 to 1.36 and now it's on 1.24 better by the dip with dca #altcoins #BlackRock #CryptoWatchMay2024