As the ETF of Ethereum is now approved , it might pick up some speed and finally all our patient holding will pay off , if you are holding from the bottom then its about to be a wild parabolic ride

that said , i am seeing that the Solana ecosystem is going up faster than eth , since the first etf was of bitcoin and everyone is focusing on btc for now(mainly investors) ,if you see eth/btc chart and sol/btc chart you will see that solana is gradually going up while taking healthy corrections but eth just made a huge vertical move up , and we all know what happens after a big move up , a correction.

i currently sold my eth and will buy eth ecosystem coins after the correction and will mainly buy sol ecosystem as well.

my eyes are on NFP and ERN for now

Now is not the time to sell.

People are panicking and selling while im just holding my bags and if there's a big dump ill just buy more , let me explain with an example.

if you knew that in 1 year from now your investment will do a 2x minimum , would you sell anything even if it dumped ?

well i know the market is unpredictable but you should know that we are in the bull run right now , and what happens in every bull run?, that's right , a big parabolic move upwards.

it doesn't matter if btc is dumping right now because the parabolic move will make all of these dumps look small.

just one advice , dont do futures (unless you know what ur doing)

i will make another post about risk management later

#buythedip #SelltheRally

Normally when market dumps , i mean a flat dump not a downtrend , there can be 3 cases of what happens:

1st - Market dumps and then recovers to the same point it dumped from , Dca buyers happy , holders don't care , panic sellers out of the market.

2nd - Market dumps once then consolidates or is stagnant then dumps again giving basically the same wick as the first dump , Dca buyers buy more and are a little worried , more panic sellers out , holders don't care.(btc is here)

3rd - this time the market takes a flat crash thrice by consolidating in between , now this is when the whole market goes into depression , some dca buyers quit , panic sellers basically don't exist , and holders are also worried.

I'm just pointing out what seems probable, but considering the war etc we might see the 3rd case , the market still recovers but it takes time, sometimes months , make sure you never invest money that you can't live without.

#BEARISH📉 #dumpalert #altcoindump

Bingo 😁

Look at btc price then read this post , Thank me later :)

(btc is currently at 62k if you are viewing this at some other time and dont want to waste time checking btc price)

This next #OMNICOIN launchpad is really good because the supply is less and it has an amazing usecase.

it basically joins all Ethereum rollups (you can understand rollups as apps made on Ethereum ).

considering there is a good chance Ethereum ETF gets approved you can imagine how high this altcoin can go.

i personally am in with some BNB staked , i bought some in this amazing dump , now the reason im calling it amazing is because u get so much discount in alts i cant even explain how good of an opportunity this is.

#Launchpool‬ #BinanceLaunchpool #OMNILAUNCHPOOL

They are scaring you.

Will you be scared?

SAGA will be listed on binance soon and is currently being farmed on launchpad , this is a strong coin with a good use case and it has less supply than ENA and some previous coins , so you can imagine how high it can go.

i personally only farm with FDUSD because even though bnb pools have more to offer its basically like trading bnb and in this volatile market dont wanna risk losing my money so FDUSD is the safest bet.

i would suggest to only farm this coin if you have a large portfolio because if it's too less you wont really make any money and if u go in the bnb pool with less money you might even lose some money if bnb goes down.

SAGA is also being airdropped btw but i think it is too late now.

Below is the chart of Bitcoin CME futures(BTC1!).

this gap is made because the futures market is closed on weekends so if there is a high volume and big move in the weekends the market almost always comes to cover it or "fill the gap"

i am also attaching another picture showing examples of the market doing this before, for more confirmation you guys can backtest this.

Now according to this bitcoin might dump to around 64k to fill that gap.

there is also a bearish flag pattern and in this pattern the dump is expected to be the "pole" of the flag aka the previous long red candle which is about a 4% dip and if btc dips 4% more it will follow the bearish flag pattern and also successfully fill the gap.

this is what feels the most probable, but again DYOR , goodluck.

I think btc dumped because it's filling the CME Gap in futures , i will write a detailed post on this tomorrow

Also the CME gap is still not fully filled and Btc Almost always fills this gap there might be some anomalies but as far as i backtested btc fills this gap so a dump might be imminent.

again , take everything i say with a grain of salt im also a human i cant always be right but can give an opinion on what might happen. let's see :)

we in this together.

and Dyor

One thing that you should drill in your head is :

Crypto is by far the most unstable type of currency you can trade , but it is also the most money making.

Your goal is to navigate this market in such a way that you profits are always higher than your losses , this makes a profitable trader.

i know most of you might already know what i just said , but my point is that sometimes when market is really bullish and everything keeps going up we forget that nothing goes up forever.

we also build connections with certain coins , take the example of pendle which has been going really good for about a month or two , it doesn't mean that this coin can't go down or cant go bankrupt in a day , because this is crypto and from the luna crash everyone should have at least learned that.

the key takeaway from this is that we should keep taking partial profits even if a coin goes up, because you cant accurately predict the dump
and even if you can get an idea of it the market might completely go the opposite way and pump more.

keep learning.

This dump is an opportunity to buy and build swing trades , swing trades are when u buy in parts and do DCA

this means you keep buying little by little if the coin comes down and then hold , but make sure you choose promising projects and projects you trust.

Understand that you need to do your own research to be profitable in this market , its okay if you fail a couple times but you will learn from your mistakes.

we are still early.

The upcoming Narrative is of RWA for the next couple of months , consider investing in promising And low cap RWA projects.

note : This is not financial advice DYOR
#Narratives