The market is extremely FOMO because of the rumor that Bitcoin ETF will be approved next week (10-15/1), but my personal opinion on Altcoin Timing is as follows:
- From now until the approval period, all Altcoins will fly (nothing will be left out, especially the top coins, except for those that are too stubborn, then let's not talk about them because the dev team is too weak)
- You can take advantage of this period of leverage (Margin, Future) to increase the USDT balance for your main spot account as much as possible (because at this stage, the market will increase anyway, just buy and make a profit, so the risk of liquidation is low)
- Altcoins will be easy to sell around the time of ETF approval, so you can close all the goods (of Margin wallet) from 7-10/1 to wait for news => At this time, you have USDT reserve capital, if the news is bad and the Market dumps, you can go to the cheap market to build up your main spot account (this account is new) is the key to xnxx, the rest is just to earn more balance)
+ In case the ETF is approved, the Market will still have the ability to adjust, because the hot increase has been in the past, anyone who FOMOs according to the news is very easy to make liquidity
Especially note that you must always have USDT in reserve in your account because there will always be good goods for you to buy and DCA, if you don't have USDT, it's considered missing the wave => The Uptrend season is ruined
After going to the market, sit still, delete the app because the "possibility" of the hot increase will adjust and go sideways to shake off the newbie goods after this period (about 1 - 2 months), so you absolutely must not let go of the goods.
And the rest belongs to history.... will continue to update if there is anything new and the odds are still out in the channel.
#BTC #Trading #btcplan #BitcoinETF