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We hold on, we wait.
This is not the end yet!!!š¦šø
#stonks
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Whatās Interesting in Crypto Right Now?
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#BlackRock has filed an application for an ETH staking #ETF . In general, if you look at it, applications for alt ETFs, as well as an ETH staking ETF, are submitted with a review deadline of 240 days. This means the decision will come by the end of this year. On the other hand, I believe the current #SEC will not wait until the last possible moment to review it. The same goes for the #Bitcoin reserve. More than 20 states have submitted bills to establish a Bitcoin reserveāsome processes are going smoothly, some not so much, but overall, things are progressing well. So far, there has been no concrete statement from #Trump regarding the creation of such a reserve.
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Am I the only one who sees this whole #meme coin sniping trend as just regular gambling on futures? Someone made money on the #TrumpToken and then lost it all on #Melania . Someone profited from the #CZ token and then burned it all on Argentinaās token. The randomness is insaneāit's like jumping into a high-leverage futures trade and, in a short time, either losing everything or making a profit just to lose it in the next trade. And all this hype is happening while the market is completely stagnant after the recent dump. Not the best look. Hope you guys arenāt getting into this gambling spree. Don't chase the Xsāyou wonāt find them if thatās the only reason youāre here. Come to the market to learn how money is actually made and what risks are truly involved. First, aim to make at least +30% and withdraw your profit. If youāre just waiting for those massive gains, youāll never actually cash out anything in real life. I personally know many cases where people made huge profits, but in the end, either held too long and walked away with nothing or took profits but kept chasing even bigger gainsāonly to leave their money in the market and never actually feel it in real life. $ETH
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**Hello everyone!** Itās been a while since I last connected with my audience š *last post on 12.06.24 š*. But I can explain everything. You all know that the "#bearMarket " phase is considered the hardest, right? But no one talks about the toughest phase of a "bull market." Let me explain why I think so. During a bear market, everyone buys coins at the lowest prices, and no one really questions, *"Maybe this is already the bottom, and I should stop? š¤"* No, people keep buying, hoping to average their entry point. But what about a **#bullrun **? Coins are going up, deposits are growing, and youāre just sitting there counting your profits š. But then **marketing kicks in...** During the bear #market , **no one cared about percentages**, but once the market starts growing, the media launches an aggressive campaign: *"Now is the time to buy #crypto! "* or *"This is your last chance!"* New money floods the market, people throw in their last savings, and the media cashes out, slowing down the exponential growth and cutting the oversized profits of those who bought at the bear marketās bottom. And then come political news, geopolitical tensions, scandals in the crypto community, clickbait headlinesāall making you question whether the growth will continue. You start searching for an exit point at **0%**, just hoping to keep at least what you invested. Thatās why I believe a **rising market is actually the most aggressive phase of capital redistribution.** Iām not saying goodbye.
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Well, hereās some advice, since weāre on the topic. Either take your 200-300% #profit and return to the market after #Bitcoin enters the hot phase of the bear market, or take the risk and hold on tight. Donāt turn this activity into #gambling , or youāll end up badly. $BTC 200-300% is an excellent result, Iād even say itās super-profits. The main thing is not to blow it all later. $ETH And one more piece of advice: donāt try to turn $10k into a millionāitās highly unlikely. š
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