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To get these points you just have to go to the Bot in TG and see how many correspond to you.
90% of crypto investors DO NOT take FDV into account.
And it is the main reason why their holdings do not stop losing value until the underworld.
I'll give you an example with $ONDO :
$ONDO has an FDV of $12.56B.
This means that when 100% of your tokens are released, you will have to have that capitalization to maintain your price.
Impossible? No. Difficult? Also.
What I mean by this?
That even though ONDO has made me earn a lot of money and I still maintain a good amount, all projects have an organic ceiling and 90% will never reach these capitalizations.
Always keep the FDV in mind to know what to hold, what not to hold and until when. Otherwise, you will be making probably disastrous investments.
Bitcoin's sharp 5% drop to $67,000 today can be attributed to several factors:
⚫ The US Jobs Report showed an increase of 272,000 jobs in May, indicating an overheated economy and reducing the likelihood of an interest rate cut this week. ⚫ The reaction to the macro data triggered liquidations of over $250 million in traders' positions, taking the BTC price to $69,000. ⚫ A dormant Bitcoin whale transferred 8,000 BTC ($535.6 million) to exchanges after 5.5 years. ⚫ Bitcoin miners sold 1,200 BTC yesterday, the largest daily sale since late March
Despite the drop, there is an increase in calls to buy Bitcoin on social media. Historically, when sell calls close the gap with buy calls, market panic and FUD occur, often leading to a bounce in the cryptocurrency.
You must know when to start buying, what to buy, when to start selling...
There are many different strategies, research and try the one that best suits what you are looking for.
Don't play with putting money in and waiting for “something.”
2/ Follow the plan
There will be moments of great panic and euphoria.
You must have a cold mentality.
Follow the plan you have, buy and sell when it's your turn.
Don't let your emotions get the better of you.
3/ Take advantage of the downhills
You will always have corrections in the market.
Buy when there is fear, sell when there is euphoria.
Save or withdraw liquidity for corrections, buy what you were looking for.
4/ Remember to make a profit
You are here to make money.
Be careful with holding alts without knowing when to sell.
Also be careful with always rotating.
5/ Don't become too greedy
It's the worst thing that can happen to you.
Start earning money and wanting more without control.
Greed can leave you out in this market.
Once you understand this you will earn money.
6/ Be careful with leverage
You are not going to earn more by leveraging yourself pointlessly.
There are many cases of people who lose everything due to leverage.
The crypto market is inherently volatile, don't look to turn it into a casino.
7/ Lower the ego
On social networks you will see many people bragging about profits/operations. Don't get into the psychological game of wanting to “be the best.”
Avoid guessing, start investing.
8/ Low profile
It can be tempting to start buying unnecessary things with profits or possible future profits.
But better keep a low profile and don't try to force yourself to improve your lifestyle. Do not presume.
9/ Patience is the key
Many enter this sector with the intention of making quick money. This doesn't work like that and patience is key. Seek to make money in the medium-long term, avoid wanting to make money quickly and without meaning.
Power of Three (Po3) for#bitcoinat play, retail traders' liquidation zones between 58,000 and 56,000 marking a deviation from the range created at the local top.