I know people are celebrating the market going up again, but isn't it scary that the market still seems to be struggling even with all the good news? These crypto gurus saying everyday that altseason starts now, or giving these bullish charts only for the coins to fall even more.
Despite all this good news, despite a pro crypto president we are still struggling, and moving way too much up and down.
There is something strange going on, can't quite wrap my head around it.
$BTC Strategic Reserve Coming. Check latest tweet by Senator Cynthia Lummis
The post reads: "Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress needs to urgently pass bipartisan legislation establishing a comprehensive legal framework for digital assets and that strengthens the U.S. dollar with a strategic bitcoin reserve. I am humbled my colleagues have placed their trust in me to chair this historic subcommittee and I look forward to shepherding bipartisan legislation to President Trump’s desk this year that secures our financial future."
— Senator Cynthia Lummis on chairing the Senate Banking Subcommittee on Digital Assets
Word of advice for newbies that do futures trading. Quit it and invest in spot. Too many newbies lose money in futures, investing in spot is better that way you don't lose 100% of your money.
I see so many posts about clueless people asking if to close their futures trade or keep it open, as if they have no clue what they are doing. Futures trading is only or those with good understanding of the market.
There seems to be 51 million being transferred to Coinbase institutional wallet at a time, it has been happening for around 2 weeks now.
This may be a indication of USA preparing to sell their 70,000 Bitcoin. They might be using the opportunity of interest rate cuts to sell off these bitcoin.
Warning you are hearing this first from me. This will create major downwards pressure.
Secure your profits and manage risk accordingly .
If you have a better explanation of what is happening please comment below. We all need to work together.
Someone keeps buying/transferring 51 million of BTC to Coinbase institutional wallet. I'm not sure what is going on here, haven't investigated further. I'm not sure if they buying or selling. But this has been happening for the past 2 weeks resonating to around 51 million USD per time.
You are all probably wondering why the market is down, and you probably read a lot of people saying a lot of different things.
But the truth is the market is down because trump did not mention Bitcoin during his inauguration speech. Which lead people to selling in fear that the market will react badly to it.
However keep in mind that even if he didn't mention Bitcoin or crypto in his inauguration speech does not mean he will not hold his promises about having federal Bitcoin and other cryptocurrency reserve for USA.
We are still bullish and we are still in bull market. If you are scared of seeing your portfolio in red then only invest in strong stable projects.
I will mention a few strong altcoins that will be more stable than others.
They are $ETH $XRP $LINK and AAVE
Risky assets that may see a high upside or downside: $Trump coin
We still have a long way to go. But the market is very volatile these days and will be volatile until more bullish news appears.
Meanwhile trump is buying the stable coins mentioned above.
$TRUMP Is still undervalued. No matter what the skeptics say. This is not just a memecoin, it is a memecoin of the official president of the United States Of America the world's most powerful and richest country in the world. You think 70 billion market cap is too much. America has trillions, what happens when everyone in America wants to own a piece of the official trump coin created by the president himself.
Use your brainsssssss
This post will age well, you will look back and be glad you read it.
Not financial advice, invest wisely and never invest more than you are willing to lose, at the end of the day crypto is just modern day gambling.
Why is the market down again? What is happening? Well trump has done it again, this time launching memecoin for his wife Melania. It has already reached 10 billion market cap. Many are selling their alts to buy it, and people who have trump is also selling to jump in.
This is absolute blood bath. But let's take a step back expect high volatility happening , this may however be a good time to invest in altcoins and get them at discount. However believe it will continue to drop as more people put their money into trumps memecoins.
A lot is in discount and will be on discount until inauguration of trump .
History is repeating itself. Last time Donald Trump was inaugurated on January 20, 2017, during the bull market, the market went up during and after his inauguration reaching new aths. Keep in mind that last time he had a very bad stance on crypto and wasn't a fan. This time he is having his inauguration on January 20, 2025. And this time he has a very high crypto stance and having even launched his meme coin and promises made about making crypto investment a national priority. See the thing is, even if that didn't happen we are still far more bullish than we ever were in 2017 and in 2017 we made new aths. You see what we have Infront of us? It will make history, we are already making history by pumping a memecoin to over 70 billion market cap in a matter of 40 hours or so. Imagine when the news starts spreading about all the people who became millionaires by investing 100$, everyone will come to invest in crypto . We are still early.
So those that think it's going to be a cycle top and sell the news event on the 20th and after are just delusional .
Not financial advice. Always manage risk and invest wisely, and never invest more than you are willing to lose.
Trump coin will only have 200 million circulating supply for 3 months. This means this token will be extremely valuable especially after Trumps inauguration tomorrow.
Don't let them take the coins from you at a discounted rate.
Altcoins are on sale. This is your time to buy especially coins such as ETH which trump has also invested in.
Altcoins are dropping because people are selling before the inauguration since they believe it will be a sell the news event. But the market works in the opposite to what you think , so if the majority think it will be sell the news event then it will pump, and if they think it will be a pump event then it will dump.
Follow the market sentiment and use what i mentioned above.
The market has not reached the top yet, we have over 3x-5x left to go. Trump will be inaugurated as president and put focus into investing in crypto, millions of people will flood in to invest and get a piece of the cake.
Don't lose hope and faith , cause at the end of the day that's what will give us the financial freedom we desire. Be smart but don't lose hope.
But always follow the main principles of investing: Don't put all your eggs in one basket, take profit, don't invest more than you are willing to lose, never gamble your house, car, or any necessities in life. Crypto investing is simply modern day gambling, have a realistic vision of what you want to achieve and invest wisely.
Focus on coins that USA will invest in as their reserve. Below are a few with possiblity of this happening with: BTC , ADA, XRP, SOL, HBAR, LTC, ETH #TrumpCountDown