Noshahi
Open Trade
High-Frequency Trader
1.4 Years
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#SUI
Looking at the Oscillator's curves I circled, that means the current CRYPTOCAP:SUI Price Action is oversold.
we are very close to Alt seasons, indicated by CRYPTOCAP:ETH rally. So, there's a big chance that smart moneys will start to accumulate the big caps of alt coins.
Well, SUI is one of the best alt coins out there.
My personal target
TP 1 $5
TP 2 $10
Friendly reminder, I don't set stop losses as I'm not doing derivatives market
Alt seasons is coming very soon, do not lose your money by speculating low to no market caps coins! it's always a great choice to bet on bluechips and large caps
#SUIUSDT
$SUI
Looking at the Oscillator's curves I circled, that means the current CRYPTOCAP:SUI Price Action is oversold.
we are very close to Alt seasons, indicated by CRYPTOCAP:ETH rally. So, there's a big chance that smart moneys will start to accumulate the big caps of alt coins.
Well, SUI is one of the best alt coins out there.
My personal target
TP 1 $5
TP 2 $10
Friendly reminder, I don't set stop losses as I'm not doing derivatives market
Alt seasons is coming very soon, do not lose your money by speculating low to no market caps coins! it's always a great choice to bet on bluechips and large caps
#SUIUSDT
$SUI
#BTC
#Bitcoin Am currently waiting for bitcoin longs. I think its quite probable that the market will return to 100k area by the end of the week.
On the chart I used the path tool along with risk to reward tool to highlight potential price movements and entry areas.
I'll update in the comments when am entering.
#BTCUSDT
$BTC
#Bitcoin Am currently waiting for bitcoin longs. I think its quite probable that the market will return to 100k area by the end of the week.
On the chart I used the path tool along with risk to reward tool to highlight potential price movements and entry areas.
I'll update in the comments when am entering.
#BTCUSDT
$BTC
Why We Invest In Cryptocurrency
Investing in cryptocurrency has become popular for several reasons:
1. **High Potential Returns**: Cryptocurrencies, like Bitcoin and Ethereum, have seen significant price increases, offering the potential for substantial returns compared to traditional investments.
2. **Diversification**: Cryptocurrencies provide a way to diversify an investment portfolio, potentially reducing risk by spreading investments across different asset classes.
3. **Innovation and Technology**: Investing in cryptocurrencies allows participation in the growth of blockchain technology, which has applications beyond digital currencies, such as smart contracts and decentralized finance (DeFi).
4. **Inflation Hedge**: Some investors view cryptocurrencies, particularly Bitcoin, as a hedge against inflation, similar to gold, because of its limited supply and decentralized nature.
5. **Decentralization**: Cryptocurrencies operate on decentralized networks, offering an alternative to traditional banking and financial systems. This can appeal to those interested in financial sovereignty and reduced reliance on centralized institutions.
6. **Global Access**: Cryptocurrencies can be accessed and traded globally, offering investment opportunities across borders without the need for traditional financial intermediaries.
7. **Transparency and Security**: Blockchain technology ensures transparent and secure transactions, reducing the risk of fraud and providing a public ledger of all transactions.
While these reasons highlight the potential benefits, it is important to remember that cryptocurrency investments come with high volatility and risks. Therefore, thorough research and consideration of individual risk tolerance are essential.
$BTC
1. **High Potential Returns**: Cryptocurrencies, like Bitcoin and Ethereum, have seen significant price increases, offering the potential for substantial returns compared to traditional investments.
2. **Diversification**: Cryptocurrencies provide a way to diversify an investment portfolio, potentially reducing risk by spreading investments across different asset classes.
3. **Innovation and Technology**: Investing in cryptocurrencies allows participation in the growth of blockchain technology, which has applications beyond digital currencies, such as smart contracts and decentralized finance (DeFi).
4. **Inflation Hedge**: Some investors view cryptocurrencies, particularly Bitcoin, as a hedge against inflation, similar to gold, because of its limited supply and decentralized nature.
5. **Decentralization**: Cryptocurrencies operate on decentralized networks, offering an alternative to traditional banking and financial systems. This can appeal to those interested in financial sovereignty and reduced reliance on centralized institutions.
6. **Global Access**: Cryptocurrencies can be accessed and traded globally, offering investment opportunities across borders without the need for traditional financial intermediaries.
7. **Transparency and Security**: Blockchain technology ensures transparent and secure transactions, reducing the risk of fraud and providing a public ledger of all transactions.
While these reasons highlight the potential benefits, it is important to remember that cryptocurrency investments come with high volatility and risks. Therefore, thorough research and consideration of individual risk tolerance are essential.
$BTC
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