LIVETheWolfThatWins
@TheWolfThatWins
Inside each of us we have 2 wolves fighting,the bad,negative,toxic wolf and the positive,happy and peaceful wolf,which wolf wins? The one you feed! Lets go.
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My thoughts for the coming week.
Firstly note, Tomorrow(27 May) is a bank holiday in the US and UK and the Stock exchanges are close.(lower volume)
Early tomorrow we have BOJ(Bank of Japan) Gov Ueda speaking, though it wont have a huge impact on Crypto short term, Japan is the worlds 4th largest economy and a huge Crypto market so his policy moves are worth noting.
I personally think we will see a quiet start to the week for Crypto with no major moves until Thursday or Friday when we get key economic news from the US, MOST importantly will be PCE on Friday.( It could be a pretty boring week till then)
Should the ETH S-1 apporovals happen this week then that will shake things up a bit, for those who dont understand S-1 approvals are needed so the ETFs can actually be traded.(These approvals could still take weeks)
I think it is VERY UNLIKELY we see $BTC push to test new ATH in the coming week.(we will probably be within the $66.5-$70.5k region until late thursday-friday)
I also think it is VERY possible we see tokens that have pumped in the last few days to have a correction in the coming few days ($ENA , $BB and so on) i am NOT saying sell,short or close good entries but dont fomo in long leverage at currect prices.
Mostly i see sideways movement in Major Crypto(excluding ETH) for the coming days but be aware of pump and dumps in the low Circ supply projects, especially those pumping because of ETH FOMO.
If you are a short term trader, the most important thing is to recognize trends(The trend is your friend) and currently we DONT have one( we are still sideways mostly), dont force yourself into bad entries, you have to be patient and find good entries, its the only way you will succeed.
Be Smart.
Peace.
#altcoins #ETHETFsApproved #BTC #ENA #BB
Firstly note, Tomorrow(27 May) is a bank holiday in the US and UK and the Stock exchanges are close.(lower volume)
Early tomorrow we have BOJ(Bank of Japan) Gov Ueda speaking, though it wont have a huge impact on Crypto short term, Japan is the worlds 4th largest economy and a huge Crypto market so his policy moves are worth noting.
I personally think we will see a quiet start to the week for Crypto with no major moves until Thursday or Friday when we get key economic news from the US, MOST importantly will be PCE on Friday.( It could be a pretty boring week till then)
Should the ETH S-1 apporovals happen this week then that will shake things up a bit, for those who dont understand S-1 approvals are needed so the ETFs can actually be traded.(These approvals could still take weeks)
I think it is VERY UNLIKELY we see $BTC push to test new ATH in the coming week.(we will probably be within the $66.5-$70.5k region until late thursday-friday)
I also think it is VERY possible we see tokens that have pumped in the last few days to have a correction in the coming few days ($ENA , $BB and so on) i am NOT saying sell,short or close good entries but dont fomo in long leverage at currect prices.
Mostly i see sideways movement in Major Crypto(excluding ETH) for the coming days but be aware of pump and dumps in the low Circ supply projects, especially those pumping because of ETH FOMO.
If you are a short term trader, the most important thing is to recognize trends(The trend is your friend) and currently we DONT have one( we are still sideways mostly), dont force yourself into bad entries, you have to be patient and find good entries, its the only way you will succeed.
Be Smart.
Peace.
#altcoins #ETHETFsApproved #BTC #ENA #BB
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There is only 1 chart you need to look at!
Stop being stupid and wake up!
The overall Crypto market cap!
I see so many misleading posts across many platforms saying how bitcoin will hit 100k and AlTs are going up 40-200% in some cases.(Soon)
I said in an early post if we see $BTC $75k + and AlTS pump 30%+ in the next months I’m out, this was not based on nothing it was based on the Crypto MC.
In 2021 when Crypto hit $3 trillion the financial world was far different,inflation was rising but MOST importantly INTEREST RATES were 80-90% LESS what they are now globally.
Monetary policy was eased and there was $billions in government fiscal stimulus,hundreds of $billions worldwide.
What does this mean,
It means people,institutions could borrow money and re finance money at FAR lower rates.
Today interest rates are high and have been across the world for over a year, all the people,companies borrowing money are paying far far more AND delinquency on this is rising, they can’t afford to repay the debt,when this happens it has a snowball effect,companies fall ,smaller banks and so on and so on.
This is CURRENTLY happening,not could happen,IT IS HAPPENING!.
We need another $500 billion injection in Crypto to go over $3 trillion MC and to reach the numbers some people are saying we need $trillions more.From where?
If Trump is elected,makes promises during this election, don’t be fooled, he faces a US economy in big trouble.
Yesterdays FOMC minutes proved the FED is lost,there is no direction only stalling.
China, Japan are selling off billions in in US backed treasuries and assets, the BRICS currency is a threat to the dollar,also nations looking for the $ to not be the std in the commodities trade,Trump WILL NOT allow Crypto to threaten the USD dominance even more I promise.
Stop looking at YT shorts or false signs of a parabolic bull run coming, for that to happen we need money,Crypto MC at $3T is a 3x in a year,we are around the point the bubble will pop I promise, any further upside to $3 trillion and GET OUT.
#ETHETFS #altcoins #BTC #BlackRock
Stop being stupid and wake up!
The overall Crypto market cap!
I see so many misleading posts across many platforms saying how bitcoin will hit 100k and AlTs are going up 40-200% in some cases.(Soon)
I said in an early post if we see $BTC $75k + and AlTS pump 30%+ in the next months I’m out, this was not based on nothing it was based on the Crypto MC.
In 2021 when Crypto hit $3 trillion the financial world was far different,inflation was rising but MOST importantly INTEREST RATES were 80-90% LESS what they are now globally.
Monetary policy was eased and there was $billions in government fiscal stimulus,hundreds of $billions worldwide.
What does this mean,
It means people,institutions could borrow money and re finance money at FAR lower rates.
Today interest rates are high and have been across the world for over a year, all the people,companies borrowing money are paying far far more AND delinquency on this is rising, they can’t afford to repay the debt,when this happens it has a snowball effect,companies fall ,smaller banks and so on and so on.
This is CURRENTLY happening,not could happen,IT IS HAPPENING!.
We need another $500 billion injection in Crypto to go over $3 trillion MC and to reach the numbers some people are saying we need $trillions more.From where?
If Trump is elected,makes promises during this election, don’t be fooled, he faces a US economy in big trouble.
Yesterdays FOMC minutes proved the FED is lost,there is no direction only stalling.
China, Japan are selling off billions in in US backed treasuries and assets, the BRICS currency is a threat to the dollar,also nations looking for the $ to not be the std in the commodities trade,Trump WILL NOT allow Crypto to threaten the USD dominance even more I promise.
Stop looking at YT shorts or false signs of a parabolic bull run coming, for that to happen we need money,Crypto MC at $3T is a 3x in a year,we are around the point the bubble will pop I promise, any further upside to $3 trillion and GET OUT.
#ETHETFS #altcoins #BTC #BlackRock
Why is crypto dropping ?
I would imagine it is due to the German inflation readings coming out all day today, from the limited numbers i have seen they seem to be higher than expected.
https://x.com/C_Barraud/status/1795729561092841977
Germany is the 3rd largest GDP economy in the world and has a huge impact on the interest rate in the Eurozone.
*Why it is always important to check for high impact news events if you trade crypto short term*
If you dont know how just google forexfactory and see the events in red, this should be the first thing you check before entering a short term trade!
Also note the German CPI readings come in all day so it might effect crypto further.
Peace
#Market_Update #altcoins #eurousdt #ETHETFsApproved
I would imagine it is due to the German inflation readings coming out all day today, from the limited numbers i have seen they seem to be higher than expected.
https://x.com/C_Barraud/status/1795729561092841977
Germany is the 3rd largest GDP economy in the world and has a huge impact on the interest rate in the Eurozone.
*Why it is always important to check for high impact news events if you trade crypto short term*
If you dont know how just google forexfactory and see the events in red, this should be the first thing you check before entering a short term trade!
Also note the German CPI readings come in all day so it might effect crypto further.
Peace
#Market_Update #altcoins #eurousdt #ETHETFsApproved
$JASMY
*EDIT* Please disregard this post, the Crypto market Cap has had a sharp drop in the last hours and it worries me, i am leaving this post up out of transparency.
We could see a short squeeze on $JASMY in the near future with a lot of short leverage being opened in the last 24hrs
I have held $JASMY before this pump and even commented it would be a good buy over a week ago.
Should we seen continued volume i think it is VERY likely we see a move up to the 0.03 region by liquidating leveraged shorts.
If you dont hold i think anywhere between 0.0247-0.025 is a good entry.
Dont high leverage, this doesnt look like a pump and dump but this is crypto so anything is possible.
I think 0.0247-0.025 offers a good short term trade with take partial or full profit below the 0.03 psychological barrier.
Peace
#Jasmyusdt⚠️⚠️ #altcoins #jasmyrocket
*EDIT* Please disregard this post, the Crypto market Cap has had a sharp drop in the last hours and it worries me, i am leaving this post up out of transparency.
We could see a short squeeze on $JASMY in the near future with a lot of short leverage being opened in the last 24hrs
I have held $JASMY before this pump and even commented it would be a good buy over a week ago.
Should we seen continued volume i think it is VERY likely we see a move up to the 0.03 region by liquidating leveraged shorts.
If you dont hold i think anywhere between 0.0247-0.025 is a good entry.
Dont high leverage, this doesnt look like a pump and dump but this is crypto so anything is possible.
I think 0.0247-0.025 offers a good short term trade with take partial or full profit below the 0.03 psychological barrier.
Peace
#Jasmyusdt⚠️⚠️ #altcoins #jasmyrocket
If you missed the $ETH 🚀
Dont fomo in now, recent history shows we could see great entries in the weeks to come.
Rewind to Jan 10th 2024, the $BTC ETF was approved🥳, Fomo was opening 100x long leveraged positions with dreams of Champagne, Yachts and beautiful models off their $100 investment.(It didnt go well)
The days after were a bloodbath for leveraged longs as bitcoin price dropped and dropped, dropping over 10k(20%) in the following 11 days.
There was a reason for this and it will happen again with $ETH .
*I will try keep this simple.*
Before the BTC approval, Grayscale had a Bitcoin Trust.
The Grayscale BTC trust was backed by its underlying asset, Bitcoin, it allowed investors to buy shares of the Grayscale trust and have partial ownership of the underlying asset( Bitcoin) through their brokerage accounts.
When the Bitcoin ETF was approved the underlying asset(Bitcoin) became available for clients to sell, and sell they did!
The exact same sittuation is happening with ETH, Grayscale ETH Trust currently holds $10 Billion worth of ETH, should the ETF be approved this will become liquid and could hit the market.
Want some advise,
Firstly we have no clear indication when the final(S-1) ETF approval could happen,it could be days or up to 90 days.
I expect it will happen sooner rather than later as this was a political move.
If you dont own ETH and want to be involved, now is the time to wait, when the approval happens, set a buy order at 15-20% less what the price is and wait for it to be hit, it might drop a little more but in the following months you will have an amazing entry.
Please dont rush into leverage longs because of this ETF news, recent history and $10 Billion of liquidity waiting to be sold should be enough warning to you.
As i said i have no idea when this final approval could happen, this post might be 2 months early for all i know, regardless now you know what you are facing when the approval happens.
If this was helpful please give it a like😊
Peace
#ETHETFsApproved #altcoins #etherreum #ETH🔥🔥🔥🔥
Dont fomo in now, recent history shows we could see great entries in the weeks to come.
Rewind to Jan 10th 2024, the $BTC ETF was approved🥳, Fomo was opening 100x long leveraged positions with dreams of Champagne, Yachts and beautiful models off their $100 investment.(It didnt go well)
The days after were a bloodbath for leveraged longs as bitcoin price dropped and dropped, dropping over 10k(20%) in the following 11 days.
There was a reason for this and it will happen again with $ETH .
*I will try keep this simple.*
Before the BTC approval, Grayscale had a Bitcoin Trust.
The Grayscale BTC trust was backed by its underlying asset, Bitcoin, it allowed investors to buy shares of the Grayscale trust and have partial ownership of the underlying asset( Bitcoin) through their brokerage accounts.
When the Bitcoin ETF was approved the underlying asset(Bitcoin) became available for clients to sell, and sell they did!
The exact same sittuation is happening with ETH, Grayscale ETH Trust currently holds $10 Billion worth of ETH, should the ETF be approved this will become liquid and could hit the market.
Want some advise,
Firstly we have no clear indication when the final(S-1) ETF approval could happen,it could be days or up to 90 days.
I expect it will happen sooner rather than later as this was a political move.
If you dont own ETH and want to be involved, now is the time to wait, when the approval happens, set a buy order at 15-20% less what the price is and wait for it to be hit, it might drop a little more but in the following months you will have an amazing entry.
Please dont rush into leverage longs because of this ETF news, recent history and $10 Billion of liquidity waiting to be sold should be enough warning to you.
As i said i have no idea when this final approval could happen, this post might be 2 months early for all i know, regardless now you know what you are facing when the approval happens.
If this was helpful please give it a like😊
Peace
#ETHETFsApproved #altcoins #etherreum #ETH🔥🔥🔥🔥
Stop filling your brain with garbage!!
You need to control what you allow in.
YT is currently saturated with 100x chances off this $ETH approval with the usual clickbait titles and how this is your "LAST CHANCE"
Firstly if you follow anyone on YT and the first thing they do is promote a NO KYC, High leverage exchange, Unsubscribe!!, same if all their links are for this or for a paid membership, these people dont have your best interest at heart i promise.
Times like this are when FOMO gets destroyed because its so believable and MAKES SO MUCH SENSE, it makes sense because you want it to, you want to get rich quick.
Ask yourself why?
Why would projects using the ETH network suddenly go from $7Billion-$30 Billion in market cap (Matic) as one of many examples.
Before you fomo in and believe the numbers these people predict go and look at the current Market cap and fully diluted market cap and what that price will be if their predictions are correct.
Most projects have a small user base outside of crypto trading and will most likely be a pump and dump in this Euphoric phase of the bull run.(Go check BRC-20 tokens and how they did after the Euphoric $BTC ETF phase wore off)
As an example, i hold LTC and im hoping for another move to $95+ so i can sell and never look back, the project is over 10 years old, at $100 it will have a market cap of $8.4 Billion and it generates $200k a year in fees with around 30 partially active devs, i hold it because i purchased ages ago but i have no belief in its current value.
This is just one of so many examples of what is currently happening, these projects price you in as if they are already used worldwide and are generating massive fees.(They are not)
If you make money off a pump, be realistic it will not last forever(like BRC-20 didnt), dont let greed destroy your gains, also take 1 hour (at least) and do some due diligence before you invest in something.
I am always here to help if you want to know how you can find out more about projects.
Be smart.
Peace.
#ETHETFsApproved #altcoins #PEPE #BinanceLaunchpool
You need to control what you allow in.
YT is currently saturated with 100x chances off this $ETH approval with the usual clickbait titles and how this is your "LAST CHANCE"
Firstly if you follow anyone on YT and the first thing they do is promote a NO KYC, High leverage exchange, Unsubscribe!!, same if all their links are for this or for a paid membership, these people dont have your best interest at heart i promise.
Times like this are when FOMO gets destroyed because its so believable and MAKES SO MUCH SENSE, it makes sense because you want it to, you want to get rich quick.
Ask yourself why?
Why would projects using the ETH network suddenly go from $7Billion-$30 Billion in market cap (Matic) as one of many examples.
Before you fomo in and believe the numbers these people predict go and look at the current Market cap and fully diluted market cap and what that price will be if their predictions are correct.
Most projects have a small user base outside of crypto trading and will most likely be a pump and dump in this Euphoric phase of the bull run.(Go check BRC-20 tokens and how they did after the Euphoric $BTC ETF phase wore off)
As an example, i hold LTC and im hoping for another move to $95+ so i can sell and never look back, the project is over 10 years old, at $100 it will have a market cap of $8.4 Billion and it generates $200k a year in fees with around 30 partially active devs, i hold it because i purchased ages ago but i have no belief in its current value.
This is just one of so many examples of what is currently happening, these projects price you in as if they are already used worldwide and are generating massive fees.(They are not)
If you make money off a pump, be realistic it will not last forever(like BRC-20 didnt), dont let greed destroy your gains, also take 1 hour (at least) and do some due diligence before you invest in something.
I am always here to help if you want to know how you can find out more about projects.
Be smart.
Peace.
#ETHETFsApproved #altcoins #PEPE #BinanceLaunchpool
If you have a large crypto portfolio READ THIS.
ITS VERY ALARMING!
A couple years ago an amazing channel called Coffeezilla on YT did a video on USDT.(3.6 million views)
If you havent watched the video YOU NEED to( i have no ties to this channel in ANY way)
www.youtube.com/watch?v=-whuXHSL1Pg&t=337s&ab_channel=Coffeezilla
The YT channel is Coffeezilla, video name -exposing tether ( if you dont want to use that link)
I saw it in my feed again last night and re watched it, i had a lot going on 2 years ago and a FAR less valuable crypto portfolio.
I will not go into details here but what i will say is that since that video aired, nothing much has changed, our biggest stable coin provider with $110 Billion MC has NEVER been audited, also the people running the company dont have a great track record, to say the least.
Any financial "audit" to this day is nothing more than a screenshot, we have no idea where most of the $110 billion is held or if its all accounted for.
We are led to believe it is backed on a 1-1 basis by USD holdings, that is false( they also keep changing the fine print regarding this without our knowledge)
WE NEED TO BE ALARMED!
Please watch the video and visit the USDT site and read the fineprint about their 2024 "audit"
This is NOT FUD this is being informed.
Also read.
coingape.com/tether-ceo-says-an-audit-by-a-big-four-giant-is-our-top-priority/
Make your own decisions.
Be smart.
Peace.
#scamriskwarning #USDollarWarning #ETHETFsApproved
ITS VERY ALARMING!
A couple years ago an amazing channel called Coffeezilla on YT did a video on USDT.(3.6 million views)
If you havent watched the video YOU NEED to( i have no ties to this channel in ANY way)
www.youtube.com/watch?v=-whuXHSL1Pg&t=337s&ab_channel=Coffeezilla
The YT channel is Coffeezilla, video name -exposing tether ( if you dont want to use that link)
I saw it in my feed again last night and re watched it, i had a lot going on 2 years ago and a FAR less valuable crypto portfolio.
I will not go into details here but what i will say is that since that video aired, nothing much has changed, our biggest stable coin provider with $110 Billion MC has NEVER been audited, also the people running the company dont have a great track record, to say the least.
Any financial "audit" to this day is nothing more than a screenshot, we have no idea where most of the $110 billion is held or if its all accounted for.
We are led to believe it is backed on a 1-1 basis by USD holdings, that is false( they also keep changing the fine print regarding this without our knowledge)
WE NEED TO BE ALARMED!
Please watch the video and visit the USDT site and read the fineprint about their 2024 "audit"
This is NOT FUD this is being informed.
Also read.
coingape.com/tether-ceo-says-an-audit-by-a-big-four-giant-is-our-top-priority/
Make your own decisions.
Be smart.
Peace.
#scamriskwarning #USDollarWarning #ETHETFsApproved
You want to buy tokens when they launch on Binance ??
STOP !
Read this and see why you should NOT!
Seriously read this, its long but worth the read!
The above list 👆 shows the perfomance of launched tokens in the last 6 months.
Why is this happening? Its very very simple!
*I will try keep this simple for people who dont understand tokenomics*
As $ENA is currently pumping lets use this as an example, though i am using $ENA the same applies for pretty much all projects launched on large exchanges in the last year.
ENA had a funding valuation of $300 million with 25% of tokens going to investors(including binance labs) and the average private sale(VC) price was 0.02.
Basically before the token was launched to us, the retail public, they (the VC) were buying it for 0.02.
The project launched on binance at 0.6, on launch early investors had already 30x, by the end of the first day it was 0.997 they had already 50x , currently they are still up around 45x their investment.
*Also note ENA still holds a large portion of tokens, 40% , held by the foundation and for ecosystem development, these tokens can be unlocked at any time*
Though many projects have a vesting periods(a period tokens need to be held by investors or the project team) there are still numerous ways, we, the retail investors can get fleeced , these including insider trading, pump and dumps and so much more.
When projects are being funded and then launched at 30-100x ROI for VCs it basically doesnt give retail investors a good entry, we are overpaying regardless, we need the prices to drop drastically to make it worth investing.
The problem is FOMO doesnt see this and thinks because its new it will be the next ETH or SOL ( ETH had a launch market cap of $30 million and SOL $4 million)
ENA Launched with a 33x higher value than ETH launched at, and a 250x higher valuation than SOL launched at, see where the problem is ?, if you dont its simple, ETH and SOL had fair value for retail investors to see upside, newly launched tokens on Binance dont.
These tokens that launch with hundreds of million-billions in market cap or fully diluted market cap are destined to fail for months-years , the project team and VC investors are already up 50x or more and there is NO solid foundation of retail investors who purchased at fair prices to keep the prices stable.
ETH and SOL for example grew because of retail and also large NON VC whales, The whales purchased at the same price you could at the time, not 50x less , over time this belief and price increase grew a solid, stable price range which increased over time based on various factors.
Basically if you buy into any token on launch these days you are paying 50x more than what a VC did a few months before, its a fact.
Until Binance and other exchanges change this the prices will continue to offer no value for launched projects.
Also this is why the tokens you farmed usually drop drastically in the days-weeks after launch, they are massively over priced at the time.
STOP BUYING NEWLY LAUNCHED TOKENS!!
The ONLY way this stops is if WE, the retail investors, STOP pouring money into these over valued VC projects on launch.
Farming is a different story, if you want to hold for months-years then hold, if you think the project might 5x quickly and then you will sell the chances are it wont and it will just fall in price(for some time)
I write and research all my posts (i do use outside info i trust like the chart i posted) , i always stand by what i post but if anyone knows more regarding launched tokens please feel free to comment, i am always happy to learn more.
If you found this helpful please like and follow, it takes a lot of time posting so its always nice to get some postive feedback and support.
Peace
#BinanceLaunchpool #altcoins #ENAUSDT🚨 #buythedip
Read this and see why you should NOT!
Seriously read this, its long but worth the read!
The above list 👆 shows the perfomance of launched tokens in the last 6 months.
Why is this happening? Its very very simple!
*I will try keep this simple for people who dont understand tokenomics*
As $ENA is currently pumping lets use this as an example, though i am using $ENA the same applies for pretty much all projects launched on large exchanges in the last year.
ENA had a funding valuation of $300 million with 25% of tokens going to investors(including binance labs) and the average private sale(VC) price was 0.02.
Basically before the token was launched to us, the retail public, they (the VC) were buying it for 0.02.
The project launched on binance at 0.6, on launch early investors had already 30x, by the end of the first day it was 0.997 they had already 50x , currently they are still up around 45x their investment.
*Also note ENA still holds a large portion of tokens, 40% , held by the foundation and for ecosystem development, these tokens can be unlocked at any time*
Though many projects have a vesting periods(a period tokens need to be held by investors or the project team) there are still numerous ways, we, the retail investors can get fleeced , these including insider trading, pump and dumps and so much more.
When projects are being funded and then launched at 30-100x ROI for VCs it basically doesnt give retail investors a good entry, we are overpaying regardless, we need the prices to drop drastically to make it worth investing.
The problem is FOMO doesnt see this and thinks because its new it will be the next ETH or SOL ( ETH had a launch market cap of $30 million and SOL $4 million)
ENA Launched with a 33x higher value than ETH launched at, and a 250x higher valuation than SOL launched at, see where the problem is ?, if you dont its simple, ETH and SOL had fair value for retail investors to see upside, newly launched tokens on Binance dont.
These tokens that launch with hundreds of million-billions in market cap or fully diluted market cap are destined to fail for months-years , the project team and VC investors are already up 50x or more and there is NO solid foundation of retail investors who purchased at fair prices to keep the prices stable.
ETH and SOL for example grew because of retail and also large NON VC whales, The whales purchased at the same price you could at the time, not 50x less , over time this belief and price increase grew a solid, stable price range which increased over time based on various factors.
Basically if you buy into any token on launch these days you are paying 50x more than what a VC did a few months before, its a fact.
Until Binance and other exchanges change this the prices will continue to offer no value for launched projects.
Also this is why the tokens you farmed usually drop drastically in the days-weeks after launch, they are massively over priced at the time.
STOP BUYING NEWLY LAUNCHED TOKENS!!
The ONLY way this stops is if WE, the retail investors, STOP pouring money into these over valued VC projects on launch.
Farming is a different story, if you want to hold for months-years then hold, if you think the project might 5x quickly and then you will sell the chances are it wont and it will just fall in price(for some time)
I write and research all my posts (i do use outside info i trust like the chart i posted) , i always stand by what i post but if anyone knows more regarding launched tokens please feel free to comment, i am always happy to learn more.
If you found this helpful please like and follow, it takes a lot of time posting so its always nice to get some postive feedback and support.
Peace
#BinanceLaunchpool #altcoins #ENAUSDT🚨 #buythedip
So many of you are about to repeat the same mistake!
Last week Square was full of posts about how $ENA and $W and other low Circ supply projects were a scam.People were closing their positions at a loss or were liquidated and full of hate.
Today those EXACT SAME people are going to BUY again at the current prices, then be back in a week or 2 with the same posts.
If you are one of those people, STOP, dont buy or leverage now unless you are willing to buy spot and hold for months, the projects that go up 10-30% in days are the same projects that will go down the same in days, then you panic and sell at a loss, or worse you are liquidated, even worse still you will repeat the same again and again because NOW its become personal and you NEED your lost money back, the project OWES you something, you NEED to beat it.
Some advise(For short term retail traders),
If you have entered a project at the wrong time and lost money, forget about that project (For a while), dont keep looking at the price and beating yourself up or trying to find a reason to enter again(long or short), the most likely case is you will just be entering at the wrong time based on emotions.
Be Smart.
Peace
#ENAUSDT🚨 #wusdt #altcoins #Notcion
Last week Square was full of posts about how $ENA and $W and other low Circ supply projects were a scam.People were closing their positions at a loss or were liquidated and full of hate.
Today those EXACT SAME people are going to BUY again at the current prices, then be back in a week or 2 with the same posts.
If you are one of those people, STOP, dont buy or leverage now unless you are willing to buy spot and hold for months, the projects that go up 10-30% in days are the same projects that will go down the same in days, then you panic and sell at a loss, or worse you are liquidated, even worse still you will repeat the same again and again because NOW its become personal and you NEED your lost money back, the project OWES you something, you NEED to beat it.
Some advise(For short term retail traders),
If you have entered a project at the wrong time and lost money, forget about that project (For a while), dont keep looking at the price and beating yourself up or trying to find a reason to enter again(long or short), the most likely case is you will just be entering at the wrong time based on emotions.
Be Smart.
Peace
#ENAUSDT🚨 #wusdt #altcoins #Notcion
STOP BEING STUPID!!
How many of you just got Liquidated???
That one 5 minute $ETH candle just liquidated so much FOMO, including many of you reading.
ETH lost nearly $40 Billion in MC value in 5 minutes!!! , Thats more than the MC of Toncoin(TON) and Cardano (ADA) COMBINED, its 100% manipulation!!!
And then when you have money again, or read about some sure thing Crypto pump you are going to do it again.
It makes me sick because I USED TO BE YOU.
This will never stop happening, dont high leverage you are not good enough to beat it , i have been trading Crypto since 2015 and i am not good enough to beat high leverage.
Stop repeating the same stupid mistakes, next time will be no different to this or the last 10 times it happened to you.
OWN SPOT, then candles like that mean nothing to you.
Only reason i even knew it happened is because of price alerts, i dont care i own spot and it has rebounded but so many of you are now liquidated and that makes me sad, truly i feel sad, i have been there it hurts.
Be Smart
Peace
#ETHETFS #PEPE #altcoins#BTC
How many of you just got Liquidated???
That one 5 minute $ETH candle just liquidated so much FOMO, including many of you reading.
ETH lost nearly $40 Billion in MC value in 5 minutes!!! , Thats more than the MC of Toncoin(TON) and Cardano (ADA) COMBINED, its 100% manipulation!!!
And then when you have money again, or read about some sure thing Crypto pump you are going to do it again.
It makes me sick because I USED TO BE YOU.
This will never stop happening, dont high leverage you are not good enough to beat it , i have been trading Crypto since 2015 and i am not good enough to beat high leverage.
Stop repeating the same stupid mistakes, next time will be no different to this or the last 10 times it happened to you.
OWN SPOT, then candles like that mean nothing to you.
Only reason i even knew it happened is because of price alerts, i dont care i own spot and it has rebounded but so many of you are now liquidated and that makes me sad, truly i feel sad, i have been there it hurts.
Be Smart
Peace
#ETHETFS #PEPE #altcoins#BTC
$ETH ETF on the HORIZON.
Things YOU NEED to KNOW!! (NOT CLICKBAIT BS)
For newer traders i will try keep this as simple as possible so hopefully you understand and dont make mistakes.
$BTC is POW (proof of work) - Requires mining and solving block encryptions to earn BTC as rewards.
$ETH is POS (proof of stake) - Requires locked funds(Staking) to secure the network and validate transactions and earn rewards.
*Check out whiteboard crypto YT if you are new and want to learn more about blockchain and terminology.(good content for beginners*
Why does the difference matter ?
Firstly the approval this week will be the inicial approvals(19b-4 filings) allowing the ETF to be listed on exchanges,NOT traded.
After this each funds S-1 filings need to be approved and this can TAKE TIME.
There is basically 0% chance any application that includes "staking rewards" for POS will be approved, this is why all funds are currently changing the wording of their submissions before the SEC 19b-4 decision.
Basically if you invest in an ETH spot ETF you will not earn or be able to earn staking rewards, its KEY to note, why i mentioned POW and POS earlier.
As i mentioned in my earlier posts, this ETFs sudden approval rise from LOW - NEAR Certainty is political,check previous posts for more details.Should the funds gain inicial approvals, the S-1 approvals could follow shortly after IF Biden and co. wants it pushed through.
Dont fomo your life away if you hear in the next 24-48 hours that the ETF has been approved and want to rush in, it will not be live until the S-1 filings are approved and that could take days,weeks,months,it is all political at this point.If the S-1 filings stall or are stalled on purpose it will have a negative effect on ETH price.
If i missed something please let me know in the comments, i stand by my posts but i am also not a difinitve SPOT ETF expert.
If this was helpful pls follow,like,support,share.
I research and write eveything i post so a like is always appreciated.😊
Peace.
#ETHETFS #etherreum #AltcoinInvesting #PEPE
Things YOU NEED to KNOW!! (NOT CLICKBAIT BS)
For newer traders i will try keep this as simple as possible so hopefully you understand and dont make mistakes.
$BTC is POW (proof of work) - Requires mining and solving block encryptions to earn BTC as rewards.
$ETH is POS (proof of stake) - Requires locked funds(Staking) to secure the network and validate transactions and earn rewards.
*Check out whiteboard crypto YT if you are new and want to learn more about blockchain and terminology.(good content for beginners*
Why does the difference matter ?
Firstly the approval this week will be the inicial approvals(19b-4 filings) allowing the ETF to be listed on exchanges,NOT traded.
After this each funds S-1 filings need to be approved and this can TAKE TIME.
There is basically 0% chance any application that includes "staking rewards" for POS will be approved, this is why all funds are currently changing the wording of their submissions before the SEC 19b-4 decision.
Basically if you invest in an ETH spot ETF you will not earn or be able to earn staking rewards, its KEY to note, why i mentioned POW and POS earlier.
As i mentioned in my earlier posts, this ETFs sudden approval rise from LOW - NEAR Certainty is political,check previous posts for more details.Should the funds gain inicial approvals, the S-1 approvals could follow shortly after IF Biden and co. wants it pushed through.
Dont fomo your life away if you hear in the next 24-48 hours that the ETF has been approved and want to rush in, it will not be live until the S-1 filings are approved and that could take days,weeks,months,it is all political at this point.If the S-1 filings stall or are stalled on purpose it will have a negative effect on ETH price.
If i missed something please let me know in the comments, i stand by my posts but i am also not a difinitve SPOT ETF expert.
If this was helpful pls follow,like,support,share.
I research and write eveything i post so a like is always appreciated.😊
Peace.
#ETHETFS #etherreum #AltcoinInvesting #PEPE
What you NEED TO KNOW!
WE ARE IN A BUBBLE FOLKS.
For anyone not willing to accept reality, dont read further.
Things to note.
FOMC minutes were neutral- slightly bad for crypto, the market pump from last week was because of a possible cut in September(its priced in), the minutes kept that as the likely outcome(60%) but also showed many are still willing to increase rates and there are MANY concerns regarding inflation.
THE $ETH ETF approval is a political move by Joe Biden, it is not going to lead to hundreds of Billions in NEW capital entering Crypto( it will likely start ALT season).
Joe Biden is behind in the polls, Joe Biden appointed Gary Gensler, The SEC chair, Joe Biden has seen Trumps recent moves as "Pro" Crypto and knows he NEEDS the Crypto votes.
In Swing(battleground) states that decide elections,20% of voters believe Crypto policy will be a KEY factor in this years election.
Joe Biden needs an urgent pro Crypto move and the ETF is that.
Why do i say we are in a bubble??
Firstly many bubbles inflate futher before they POP, we have thousands of Crypto tokens valued from Millions-Billions that are garbage and a massive sweep NEEDS to happen.
With financial uncertainty where it is, the election coming and the over-valuation of many Crypto projects you need to be smart.
If you want to enter now,hold secure,high circulating supply projects that can weather a LARGE storm.
I would also advise if we see a further ALT pumps in the next month(30%+) based on ETH approval Fomo, you should take 80% profits on everything,besides BTC,BNB,ETH and SOL and wait a while,
The Crypto market for the next months will be in the hands of what a few men in America say- Biden, Trump, Powell and Gensler.
I personally dont want my portfolio in their hands!
If you enjoy what i write please follow,like.
It takes time,effort to post and not just copy-paste or post garbage like 90% of square seems to do.
Peace
#ETHETFS #BTC #altcoins #PEPE #BinanceLaunchpool
WE ARE IN A BUBBLE FOLKS.
For anyone not willing to accept reality, dont read further.
Things to note.
FOMC minutes were neutral- slightly bad for crypto, the market pump from last week was because of a possible cut in September(its priced in), the minutes kept that as the likely outcome(60%) but also showed many are still willing to increase rates and there are MANY concerns regarding inflation.
THE $ETH ETF approval is a political move by Joe Biden, it is not going to lead to hundreds of Billions in NEW capital entering Crypto( it will likely start ALT season).
Joe Biden is behind in the polls, Joe Biden appointed Gary Gensler, The SEC chair, Joe Biden has seen Trumps recent moves as "Pro" Crypto and knows he NEEDS the Crypto votes.
In Swing(battleground) states that decide elections,20% of voters believe Crypto policy will be a KEY factor in this years election.
Joe Biden needs an urgent pro Crypto move and the ETF is that.
Why do i say we are in a bubble??
Firstly many bubbles inflate futher before they POP, we have thousands of Crypto tokens valued from Millions-Billions that are garbage and a massive sweep NEEDS to happen.
With financial uncertainty where it is, the election coming and the over-valuation of many Crypto projects you need to be smart.
If you want to enter now,hold secure,high circulating supply projects that can weather a LARGE storm.
I would also advise if we see a further ALT pumps in the next month(30%+) based on ETH approval Fomo, you should take 80% profits on everything,besides BTC,BNB,ETH and SOL and wait a while,
The Crypto market for the next months will be in the hands of what a few men in America say- Biden, Trump, Powell and Gensler.
I personally dont want my portfolio in their hands!
If you enjoy what i write please follow,like.
It takes time,effort to post and not just copy-paste or post garbage like 90% of square seems to do.
Peace
#ETHETFS #BTC #altcoins #PEPE #BinanceLaunchpool
Sell Your $PYTH !
I made a post about the PYTH token unlock and it has cost me hours and hours of my life because I went down the rabbit-hole and did research.
What I found is not good,the project looks to be a rug pull project with even the recent token unlock schedule not going on time and large portions being unlocked without data or reasoning.
I have read about early supporters and top 100 wallets who supported the project from the start being ignored and given no answers regarding the project.
To me this project looks like thousands of others made to manipulate the market and make profits off retail.
Calling it a scam based on my knowledge would be misleading but I do feel the project team have lost interest in the community who supported it and have done things that show dishonesty.
Comments from a $PYTH early investor and community member(top 100 wallet)
“Before unlocking, there were two airdrops, one to the community and one to the cooperative project party, but the specific data flow was not made public, and it was questioned by the community. The project party DAO existed in name only and was useless. This time, the large-scale unlocking was very early, and there was no explanation to the community. No matter what the reason, it exposed the dishonesty of the project party. Although the price has been pulled up, is this a deliberate smokescreen to let everyone digest the negative information of the huge unlocking and maintain a gambling mentality? I think the next step is the beginning of a negative decline”
I have just shorted $PYTH with high conviction( Mid-long term short im not looking to scalp)
Shorted at 0.4659
I will start taking profit at 0.35 ,then 0.30 and leave 20% open for lower moves.
I shorted at LOW leverage 3x(I can’t get liquidated) don’t be stupid and 25x it because of this post, that’s how manipulated tokens wipe you out (or i could be totally wrong, this is only my opinion,you have no idea who i am or if i am legit,yet.., lets see in the next 1-2 months)
Do your own research.
Peace.
#pyth #AltcoinInvesting #altcoins
I made a post about the PYTH token unlock and it has cost me hours and hours of my life because I went down the rabbit-hole and did research.
What I found is not good,the project looks to be a rug pull project with even the recent token unlock schedule not going on time and large portions being unlocked without data or reasoning.
I have read about early supporters and top 100 wallets who supported the project from the start being ignored and given no answers regarding the project.
To me this project looks like thousands of others made to manipulate the market and make profits off retail.
Calling it a scam based on my knowledge would be misleading but I do feel the project team have lost interest in the community who supported it and have done things that show dishonesty.
Comments from a $PYTH early investor and community member(top 100 wallet)
“Before unlocking, there were two airdrops, one to the community and one to the cooperative project party, but the specific data flow was not made public, and it was questioned by the community. The project party DAO existed in name only and was useless. This time, the large-scale unlocking was very early, and there was no explanation to the community. No matter what the reason, it exposed the dishonesty of the project party. Although the price has been pulled up, is this a deliberate smokescreen to let everyone digest the negative information of the huge unlocking and maintain a gambling mentality? I think the next step is the beginning of a negative decline”
I have just shorted $PYTH with high conviction( Mid-long term short im not looking to scalp)
Shorted at 0.4659
I will start taking profit at 0.35 ,then 0.30 and leave 20% open for lower moves.
I shorted at LOW leverage 3x(I can’t get liquidated) don’t be stupid and 25x it because of this post, that’s how manipulated tokens wipe you out (or i could be totally wrong, this is only my opinion,you have no idea who i am or if i am legit,yet.., lets see in the next 1-2 months)
Do your own research.
Peace.
#pyth #AltcoinInvesting #altcoins
The Donald Trump news.
Bullish or the biggest rug pull in crypto history?
What you might NOT know.
Many crypto Bulls will use this news as confirmation bias for another parabolic bull run(I’m a bull too)
Trumps campaign accepts Crypto donations🚀
I said in a post yesterday that if $BTC hits new ATH I will convert 80% of my holdings to USDT until December, this news doesn’t change that.
Firstly Trump already has a crypto portfolio and has sold $ETH before for millions of dollars,all profit, Trump has received his total crypto portfolio through donations from supporters and also tokens using his name(he doesn’t endorse any)
Trump has never said he has purchased crypto,when asked he has actually denied buying into anything.
Trump has only recently changed his stance on Crypto he has always been a 1 currency believer, THE USD!
Leading up to this election and with other politicians anti-crypto stance, Trump has seemed to switch sides and backed crypto, making this a Pro or Anti crypto election campaign.
Trump has also stated he will make day 1 policy moves that will impact crypto! ( We don’t know yet what this will be)
I will sound very pessimistic or even borderline paranoid by saying this but it’s worth noting, Trump has never officially endorsed or given what his policy would be, he could switch sides if elected and crash Crypto and so could Biden if re elected, for large holders and funds with insider knowledge this could be a perfect chance to cash out,short, and wipe out 10s of Billions in liquidity(your money)and walk away clean and blameless.
Should you panic? NO !
I would advise monitoring this election closely the closer it gets if you have a large portfolio(based on your financial situation), we need concrete confirmation of either candidates stance on Crypto before making any decision.
The closer it gets without any real direction or policy being proposed the more I will want to take profits and wait.
✌️
#Trump2024 #BlackRock #BTC #AltcoinInvesting
Bullish or the biggest rug pull in crypto history?
What you might NOT know.
Many crypto Bulls will use this news as confirmation bias for another parabolic bull run(I’m a bull too)
Trumps campaign accepts Crypto donations🚀
I said in a post yesterday that if $BTC hits new ATH I will convert 80% of my holdings to USDT until December, this news doesn’t change that.
Firstly Trump already has a crypto portfolio and has sold $ETH before for millions of dollars,all profit, Trump has received his total crypto portfolio through donations from supporters and also tokens using his name(he doesn’t endorse any)
Trump has never said he has purchased crypto,when asked he has actually denied buying into anything.
Trump has only recently changed his stance on Crypto he has always been a 1 currency believer, THE USD!
Leading up to this election and with other politicians anti-crypto stance, Trump has seemed to switch sides and backed crypto, making this a Pro or Anti crypto election campaign.
Trump has also stated he will make day 1 policy moves that will impact crypto! ( We don’t know yet what this will be)
I will sound very pessimistic or even borderline paranoid by saying this but it’s worth noting, Trump has never officially endorsed or given what his policy would be, he could switch sides if elected and crash Crypto and so could Biden if re elected, for large holders and funds with insider knowledge this could be a perfect chance to cash out,short, and wipe out 10s of Billions in liquidity(your money)and walk away clean and blameless.
Should you panic? NO !
I would advise monitoring this election closely the closer it gets if you have a large portfolio(based on your financial situation), we need concrete confirmation of either candidates stance on Crypto before making any decision.
The closer it gets without any real direction or policy being proposed the more I will want to take profits and wait.
✌️
#Trump2024 #BlackRock #BTC #AltcoinInvesting
Tomorrow is VERY KEY for Crypto.
You NEED to pay attention.
For people without much understanding of USD data i will try keep this simple.
Last week Crypto rallied because of CPI(inflation) data coming in lower, this means interest rates(cost to borrow money,reward for saving money) could come down.
Tomorrow we have the FOMC minutes,
The FOMC minutes KEY FOCUS for traders will be current CPI(Inflation) data trending lower(headline,Core,PEC) recently.
WHAT YOU NEED TO KNOW!
Firstly,though VERY VERY unlikely, if the FED looks to cut interests rates in July the Crypto market will go Parabolic👆(short term-mid term)
What we realistically want for Crypto is a strong sentiment towards a September cut(this will keep current Crypto sentiment stable,short-mid term)
Worst case scenario though EXTREMELY unlikely is that an interest rate hike could still happen, this will drive crypto prices down, A LOT!
In my opinion they will lean towards an interest rate cut in September, they might do as they always do and suggest this is their plans but NOT confirm anything.
DONT enter short term trades around this time, it could get very volitile in ANY direction.
I write and research all i post, if you found it helpful please consider following, a like is always appreciated 😊
Be smart.
Peace
*EDIT*
Firstly,for the few people in the comments hating,i NEVER predicted high volitility, i predict leaning towards September cuts,STABLE for crypto, look at my post from Sunday, i predicted this start to the week EXACTLY, also i noted Sunday i think the FOMC minutes would be neutral or good for Crytpo.
Secondly,it is common for members to revise their comments from the last meeting, this includes recent CPI data, to say this is a NON EVENT is totally false and misleading.
#Market_Update #altcoins #BTC #bitcoin
You NEED to pay attention.
For people without much understanding of USD data i will try keep this simple.
Last week Crypto rallied because of CPI(inflation) data coming in lower, this means interest rates(cost to borrow money,reward for saving money) could come down.
Tomorrow we have the FOMC minutes,
The FOMC minutes KEY FOCUS for traders will be current CPI(Inflation) data trending lower(headline,Core,PEC) recently.
WHAT YOU NEED TO KNOW!
Firstly,though VERY VERY unlikely, if the FED looks to cut interests rates in July the Crypto market will go Parabolic👆(short term-mid term)
What we realistically want for Crypto is a strong sentiment towards a September cut(this will keep current Crypto sentiment stable,short-mid term)
Worst case scenario though EXTREMELY unlikely is that an interest rate hike could still happen, this will drive crypto prices down, A LOT!
In my opinion they will lean towards an interest rate cut in September, they might do as they always do and suggest this is their plans but NOT confirm anything.
DONT enter short term trades around this time, it could get very volitile in ANY direction.
I write and research all i post, if you found it helpful please consider following, a like is always appreciated 😊
Be smart.
Peace
*EDIT*
Firstly,for the few people in the comments hating,i NEVER predicted high volitility, i predict leaning towards September cuts,STABLE for crypto, look at my post from Sunday, i predicted this start to the week EXACTLY, also i noted Sunday i think the FOMC minutes would be neutral or good for Crytpo.
Secondly,it is common for members to revise their comments from the last meeting, this includes recent CPI data, to say this is a NON EVENT is totally false and misleading.
#Market_Update #altcoins #BTC #bitcoin
If $BTC makes a new ATH it’s time to exit crypto until December.
This post might get a lot of hate,but I’m right.
If we see $BTC rally above $75-$80k region and pump ALTs 20-30% in the next month i will be converting 80% of my ALT portfolio to USDT, I will hold $BTC and locked BNB and a few other holdings I have from previous years,nothing more.
My reasoning(very simplified)
Most importantly I’m in profit on ALL my holdings.(we are here to make money)
If you follow in-depth financial news and understand it you know there is a storm brewing.(I could write for days, it’s to much information for here, if you know you know)
The market is saturated with absolute garbage projects sucking liquidity,face the facts ,95% of crypto is absolute garbage, the 5% that is not garbage has not been widely adopted enough to justify its current valuation.
I can name 10 reasons off the top of my head why we could see Crypto fall between now and December and other than the BTC halving I can’t find a single reason why we would see another parabolic bull run.
The US elections are nearing, I honestly don’t want my profits at risk because of the stance the next US president takes on Crypto,i also don’t want them in the hands of what Jerome Powell says in coming months.
We have had a bull run,a substantial one if bitcoin hits the 80k range and alts pump further, at some point market cap has to equate to value, we have projects valued at billions generating 50k a year in fees,its a bubble!
Holding BTC from previous years and locked BNB for me is a no brainer, bitcoin regardless of whatever comes will hold value, BNB is backed and also farms.
Holding USDT allows me the freedom to take a step back and research projects I think will actually have a future and worth further investment,I research daily but I would much prefer a non biased view based on what I currently hold.
These are just my thoughts I don’t want to influence your decisions in any way.
I will keep researching and keep posting regardless.
Peace
#altcoins #BinanceLaunchpool #BTC #MicroStrategy
This post might get a lot of hate,but I’m right.
If we see $BTC rally above $75-$80k region and pump ALTs 20-30% in the next month i will be converting 80% of my ALT portfolio to USDT, I will hold $BTC and locked BNB and a few other holdings I have from previous years,nothing more.
My reasoning(very simplified)
Most importantly I’m in profit on ALL my holdings.(we are here to make money)
If you follow in-depth financial news and understand it you know there is a storm brewing.(I could write for days, it’s to much information for here, if you know you know)
The market is saturated with absolute garbage projects sucking liquidity,face the facts ,95% of crypto is absolute garbage, the 5% that is not garbage has not been widely adopted enough to justify its current valuation.
I can name 10 reasons off the top of my head why we could see Crypto fall between now and December and other than the BTC halving I can’t find a single reason why we would see another parabolic bull run.
The US elections are nearing, I honestly don’t want my profits at risk because of the stance the next US president takes on Crypto,i also don’t want them in the hands of what Jerome Powell says in coming months.
We have had a bull run,a substantial one if bitcoin hits the 80k range and alts pump further, at some point market cap has to equate to value, we have projects valued at billions generating 50k a year in fees,its a bubble!
Holding BTC from previous years and locked BNB for me is a no brainer, bitcoin regardless of whatever comes will hold value, BNB is backed and also farms.
Holding USDT allows me the freedom to take a step back and research projects I think will actually have a future and worth further investment,I research daily but I would much prefer a non biased view based on what I currently hold.
These are just my thoughts I don’t want to influence your decisions in any way.
I will keep researching and keep posting regardless.
Peace
#altcoins #BinanceLaunchpool #BTC #MicroStrategy
Be VERY VERY careful of what you do now!!
$BTC - $3 BILLION long liquidations at $65k
Let me start by saying the BEST time to buy into SOLID Crypto projects is when every part of you is saying cash out and run away, not when everyone else is rushing to.
The moves we are seeing now in Crytpo is leverage!!
$BTC will liquidate $3 Billion with a fall to $65k!!!
Am I being negative,NO!! this liquidity shows interest in the market, so does the fear and greed index.For holders this is AMAZING, for FOMO or high leveraged entries this is when YOU make decision you REGRET!
Do I think BTC will have a parabolic rise to $100k in the next couple months?absolutely not, we don’t have a catalyst.
Please note,
ETF inflows have dwindled
Bitcoin is already up huge YTD it needs way more than the halving to reach $100k range.
High leverage is TEMPORARY belief it is not SOLID.
Bitcoin LOVES to find liquidity.
The average ETF purchase price held by the various funds clients is around $57k,these funds are not for high risk investments,it’s to diversify and get decent returns,people in funds like this don’t expect over 10% annual profits,they are not there for bitcoin to go up 40% in months.
Don’t Fomo in high leverage now,you WILL be crying in days,weeks.
To all those in square commenting about ENA,Wormhole and so on, if you still hold positions and want to exit NOW is the time to do so, if u thought it was a scam last week,nothing has changed, if u believe in these projects then hold.(I hold W and ENA)
Please considering following me if you want realistic Crypto predictions and want to learn, a like is always appreciated 😊
Be smart.
✌️
#ENAUSDT🚨 #wusdt #altcoins #BTC #BinanceLaunchpool
$BTC - $3 BILLION long liquidations at $65k
Let me start by saying the BEST time to buy into SOLID Crypto projects is when every part of you is saying cash out and run away, not when everyone else is rushing to.
The moves we are seeing now in Crytpo is leverage!!
$BTC will liquidate $3 Billion with a fall to $65k!!!
Am I being negative,NO!! this liquidity shows interest in the market, so does the fear and greed index.For holders this is AMAZING, for FOMO or high leveraged entries this is when YOU make decision you REGRET!
Do I think BTC will have a parabolic rise to $100k in the next couple months?absolutely not, we don’t have a catalyst.
Please note,
ETF inflows have dwindled
Bitcoin is already up huge YTD it needs way more than the halving to reach $100k range.
High leverage is TEMPORARY belief it is not SOLID.
Bitcoin LOVES to find liquidity.
The average ETF purchase price held by the various funds clients is around $57k,these funds are not for high risk investments,it’s to diversify and get decent returns,people in funds like this don’t expect over 10% annual profits,they are not there for bitcoin to go up 40% in months.
Don’t Fomo in high leverage now,you WILL be crying in days,weeks.
To all those in square commenting about ENA,Wormhole and so on, if you still hold positions and want to exit NOW is the time to do so, if u thought it was a scam last week,nothing has changed, if u believe in these projects then hold.(I hold W and ENA)
Please considering following me if you want realistic Crypto predictions and want to learn, a like is always appreciated 😊
Be smart.
✌️
#ENAUSDT🚨 #wusdt #altcoins #BTC #BinanceLaunchpool
BEFORE YOU BUY OR SELL $PYTH
MUST READ!! (NOT CLICKBAIT BS)
I just posted about this but feel compelled to add more.
PLEASE NOTE this is research related to token unlocks and their effect on the market.
This is copy and pasted, i cant link the article here, it is not supported.
The article states,
Unlocks free up liquidity and are widely considered bearish, though some observers say they only accentuate the existing market trend.
New research by analytics firm The Tie shows coins, on average, declined in the lead-up to the event. However, when the liquidity freed up represented more than 100% of the average daily volume, prices quickly recovered, only to fall deeper within two weeks following the unlock. The firm conducted a study of over 350,000 unique unlock events involving more than 100 tokens.
"In cases where the unlock represented more than 100% of the average daily volume, prices tended to rebound faster, albeit for a brief period. This could be attributed to traders feeling relieved that the unlock did not flood the market with new tokens immediately," Lawrence Lewitinn, the director of content at The Tie, wrote in Wednesday's newsletter.
"Nonetheless, within two weeks, prices of tokens facing such significant unlocks fell below their initial levels at the time of the unlock," he wrote. "
This may suggest that holders preferred to wait a few days before selling into the market."
The Tie's research also showed an exponential increase in trading volumes in coins that saw large unlocks.
THE END
Simplified this means,
If you are short prices could still drop A LOT in coming weeks, if you are long we could still see a drop before further price increases.
Both enforce what i always say,DONT HIGH LEVERAGE, take profits.
If you want to find the article search,coin desk, token prices drive prices lower within 2 weeks.
I am NOT trying to influence YOUR decisions for my gain!
I said 2 days ago short PYTH and take profits at 15%+, i did this and made profit.
I currently have NO Pyth positions.
DYOR
Peace.
#PYTH #PYTH/USDT #altcoins #Market_Update
MUST READ!! (NOT CLICKBAIT BS)
I just posted about this but feel compelled to add more.
PLEASE NOTE this is research related to token unlocks and their effect on the market.
This is copy and pasted, i cant link the article here, it is not supported.
The article states,
Unlocks free up liquidity and are widely considered bearish, though some observers say they only accentuate the existing market trend.
New research by analytics firm The Tie shows coins, on average, declined in the lead-up to the event. However, when the liquidity freed up represented more than 100% of the average daily volume, prices quickly recovered, only to fall deeper within two weeks following the unlock. The firm conducted a study of over 350,000 unique unlock events involving more than 100 tokens.
"In cases where the unlock represented more than 100% of the average daily volume, prices tended to rebound faster, albeit for a brief period. This could be attributed to traders feeling relieved that the unlock did not flood the market with new tokens immediately," Lawrence Lewitinn, the director of content at The Tie, wrote in Wednesday's newsletter.
"Nonetheless, within two weeks, prices of tokens facing such significant unlocks fell below their initial levels at the time of the unlock," he wrote. "
This may suggest that holders preferred to wait a few days before selling into the market."
The Tie's research also showed an exponential increase in trading volumes in coins that saw large unlocks.
THE END
Simplified this means,
If you are short prices could still drop A LOT in coming weeks, if you are long we could still see a drop before further price increases.
Both enforce what i always say,DONT HIGH LEVERAGE, take profits.
If you want to find the article search,coin desk, token prices drive prices lower within 2 weeks.
I am NOT trying to influence YOUR decisions for my gain!
I said 2 days ago short PYTH and take profits at 15%+, i did this and made profit.
I currently have NO Pyth positions.
DYOR
Peace.
#PYTH #PYTH/USDT #altcoins #Market_Update
You want to learn something today?
This could stop you losing(not clickbait BS)
Something most newish traders don’t understand in short term crypto trading.
I will try keep this as easy to understand for newer crypto traders.
In trading, regardless if it’s forex,stocks or crypto,experienced traders look at fundamentals and technical analysis.
Explained in crypto terms,
Fundamentals are the market cap, circulating supply,fully diluted market cap, what the crypto is about, what market is it in, how long has it been around, when are tokens being unlocked.
Technical analysis is the price movement of a token, there are many indicators that track average prices over set times and so on, you find ranges it has traded in and find good entries when they reach the bottom or top of these ranges or confirm breakouts,there is a LOT MORE.
The MISTAKE I see sooooo many new traders make in crypto is have a basic understanding of technical analysis and use ONLY this to short term leverage trade.
Firstly knowing the fundamentals of a crypto is the first step, most do it backwards, they enter leveraged trades solely based on 1-2 technical indicators or worse because they saw someone else tell them to and get liquidated and think it’s rigged.
Take PYTH for example these last 24 hours or Aevo last week, both with massive cliff unlocks that regardless of any technical indicators will have far greater impact on price and disregard most TA for the short term.
If you want to be profitable in crypto you need to understand the fundamentals of what you are trading or buying FIRST and ONLY THEN use technical analysis to confirm the trade and find the best entry, don’t ape in and then research why you are down 20% in one day or liquidated.
The newer the project the MORE important this is!!!
If u want info on sites I use for research just ask, all are free and widely used and trusted, you just need to spend some time understanding how to read the data, it’s overwhelming at first but take baby steps.
I’m always here to help
#PYTH #AEVO_USDT #AltcoinGains #Write&Earn
This could stop you losing(not clickbait BS)
Something most newish traders don’t understand in short term crypto trading.
I will try keep this as easy to understand for newer crypto traders.
In trading, regardless if it’s forex,stocks or crypto,experienced traders look at fundamentals and technical analysis.
Explained in crypto terms,
Fundamentals are the market cap, circulating supply,fully diluted market cap, what the crypto is about, what market is it in, how long has it been around, when are tokens being unlocked.
Technical analysis is the price movement of a token, there are many indicators that track average prices over set times and so on, you find ranges it has traded in and find good entries when they reach the bottom or top of these ranges or confirm breakouts,there is a LOT MORE.
The MISTAKE I see sooooo many new traders make in crypto is have a basic understanding of technical analysis and use ONLY this to short term leverage trade.
Firstly knowing the fundamentals of a crypto is the first step, most do it backwards, they enter leveraged trades solely based on 1-2 technical indicators or worse because they saw someone else tell them to and get liquidated and think it’s rigged.
Take PYTH for example these last 24 hours or Aevo last week, both with massive cliff unlocks that regardless of any technical indicators will have far greater impact on price and disregard most TA for the short term.
If you want to be profitable in crypto you need to understand the fundamentals of what you are trading or buying FIRST and ONLY THEN use technical analysis to confirm the trade and find the best entry, don’t ape in and then research why you are down 20% in one day or liquidated.
The newer the project the MORE important this is!!!
If u want info on sites I use for research just ask, all are free and widely used and trusted, you just need to spend some time understanding how to read the data, it’s overwhelming at first but take baby steps.
I’m always here to help
#PYTH #AEVO_USDT #AltcoinGains #Write&Earn
Before I sleep.
My brief thoughts for the next few days.
Firstly the news regarding the Iranian president is key, if he is found alive and well the Crytpo bulls will have a sigh of relief.
We don’t have high impact USD news for the coming days and i think the FOMC minutes will be either neutral or positive for Crypto,if no bad news comes from Iran I expect a bullish start to the week.
$BTC has held a critical weekly candle close regardless of this Iran news.
ALT coins are down today because weekend volume is lower and the Iran news.
Should the Iran news not be linked to conflict I feel $BTC could test $70k in the next few days, I also think ALTs will resume gains.
I don’t personally think we have a catalyst for another parabolic bull run and I feel like we could still see many large drops in the next few months and recoveries ranging from
60-70k, I don’t see any way bitcoin is going to 100k soon but I see many ways it could fall to
$52k-$55k and recover.
I feel if this Iran news was more serious BTC would already be around 60-62k, the fact it is not and it has not initiated a drop below $65k shows me,along with other technical analysis, that we are MILDLY bullish.
I think we should see a steady rise this week.
Please don’t high leverage, we are priced high already, things happens, it feels like everything is trying to drive down crypto price these days , flash crashes happen, don’t leave yourself at risk of liquidation EVER.
Use 80-90% of your money for spot buying to OWN something and 10-20% in USDT for LOW leverage trading.
Be smart,
Peace.
#CMEBitcoinSpotTrading #BTC☀️ #Altacoins #SolanaStrong #Write&Earn
My brief thoughts for the next few days.
Firstly the news regarding the Iranian president is key, if he is found alive and well the Crytpo bulls will have a sigh of relief.
We don’t have high impact USD news for the coming days and i think the FOMC minutes will be either neutral or positive for Crypto,if no bad news comes from Iran I expect a bullish start to the week.
$BTC has held a critical weekly candle close regardless of this Iran news.
ALT coins are down today because weekend volume is lower and the Iran news.
Should the Iran news not be linked to conflict I feel $BTC could test $70k in the next few days, I also think ALTs will resume gains.
I don’t personally think we have a catalyst for another parabolic bull run and I feel like we could still see many large drops in the next few months and recoveries ranging from
60-70k, I don’t see any way bitcoin is going to 100k soon but I see many ways it could fall to
$52k-$55k and recover.
I feel if this Iran news was more serious BTC would already be around 60-62k, the fact it is not and it has not initiated a drop below $65k shows me,along with other technical analysis, that we are MILDLY bullish.
I think we should see a steady rise this week.
Please don’t high leverage, we are priced high already, things happens, it feels like everything is trying to drive down crypto price these days , flash crashes happen, don’t leave yourself at risk of liquidation EVER.
Use 80-90% of your money for spot buying to OWN something and 10-20% in USDT for LOW leverage trading.
Be smart,
Peace.
#CMEBitcoinSpotTrading #BTC☀️ #Altacoins #SolanaStrong #Write&Earn