$XRP $BTC $ETH
Need a beacon of light, my friends? The market is a rollercoaster lately so I wouldn’t be surprised.
Let’s gauge recent developments… We literally have the first ever strategic crypto reserve if you ignore the newfound North Korean 1.5b ethereum Reserve lol. The big dogs are manipulating the hell out of the market right now but we’re used to that, aren’t we? Crypto is going nowhere my friends, we are in a growing industry so if you’re holding the strong cryptos then you have nothing to worry about in the long term. Of course team trump will want to buy cheap cryptos for their strategic reserve, they plan to hold them long term and this creates long term buying pressure. The question you need to ask yourself is what type of trader/investor are you? Swing traders are having a ball, I can tell you that but for us long term investors I know it’s a rollercoaster but this is good for us… We now have long term buying pressure from an economical powerhouse. Chins up lads. We hold spot, we’re safe from anything the market makers can throw at us in the long term. This bull run is most definitely not over, btc has one more higher high left in it and true alt season is not a matter of if but when. Traditionally it has been 320 days after the halving which would coincide with about 4 days from now should it follow historical precedent. I See no reason this cycle should be any different from a negative perspective but I do see potential hope of a supercycle(not guaranteed) sparked by a pro crypto admin. Fun facts: 90% of traders lose money whilst only 50% of HODLers do, just to put things into perspective.
Enjoy what might be the last leg of the bull run this year and TAKE YOUR PROFITS because a supercycle is not guaranteed. You DCA into a position and you should DCA out. You can keep a moon bag for that fear of missing out in the back of your head. If you’re one of the people who choose to hold for the very long term then strategic reserve cryptos are a no brainer for you. I Hope everyone prospers in this industry, even eth holders.