Greetings, when we compare it with the American elections after the BTC halving, this year is the year with the longest distance. When you look at it so far, all the halvings have been in the same year as the American elections and BTC has shown a downward trend in this period.
Friends who say we are bankrupt...
1- America speculates before the election and organizes election campaigns for itself like other states, be it war, the Fed's monetary policies and the inflation process.
2- We are in the summer period, the time when the markets hit the bottom, take the goods from the hands of small investors and attract them to the whales.
3-Halving has occurred, miners whose profits have decreased are selling and leaving the business.
4- If you ask why we seem to be falling while other markets are rising, we rose more sharply than other markets, let's make a correction.
5-Before the Ether ETF, corporates wanted to sell and collect the goods at a cheap price.
6-If the market were to turn bearish at this point, do you think companies like Sony, Grayscale and Blackrock would have approved ETF at the beginning of this year?
7-All central banks in the world are planning to reduce monetary policy rates by the end of this year, this means monetary expansion, many banks have reduced it, do not panic and lose what you have. Btc is still a product in a very risky asset class. It would be delusional to expect money to flow in and a hype in the sector before the economy gets back on track in general.
In short, we are in a period where economic breakthroughs are delayed due to the long interval between the American elections and the halving. If necessary, stay away from the screens until the last quarter of this year and do not enter the sector with debt or, seriously, the money you will need for the next at least 5 months, or approach it with dreams. However, do not despair, this period is a process, I wish everyone a prosperous 2025 where they will be happy with their families and loved ones. #BTC☀ #EtheruemETF
THE DECLINES THAT MAY COME IN THIS MONTH AND THE COMING MONTHS ARE NOW ONLY BUYING OPPORTUNITIES, WHY?
Greetings friends, as you all know, I have been selling most of my portfolio since the beginning of April. I turned the declines into opportunities with the profit sales we had previously sold and used them to increase our assets.
After the 56k drop, I am 100% into the market.
While taking this step, I will share with you the technical and basic parts of why I did it.
Since I do not trade with debt and stay in spot, I can take risks. It will be a buying opportunity for me if the market sees a further bottom in the short term. And missing the possible rises in this period will hurt more than not seeing the declines.
1-Economic data from the USA shows that the Fed's hands are tight, their excuses are exhausted and they will have to reduce interest rates within the year.
2-With the opening of ETFs on the Chinese side, bitcoin purchases made by large companies are now seen as state reserves. There are no ordinary people in the market yet, and if large companies in opposing countries make sales, they will provide the opportunity for the other country's reserves to increase. In short, before the price falls, it is necessary to create fomo in order to take money from people like you and me. In these decreases, investors who are sufficiently afraid are pushed to sell and long transactions are liquidated. (You can observe this from the asset charts of whales and small investors.)
3- In order to clear the accumulated short positions after the weekly close at 64,500, the price must be increased in May by keeping it at 72k levels if at all, and even at 84k levels if possible. I'm sorry that the altcoin bull is not coming this month. However, most altcoins may see prices around 70k again.
Greetings to everyone, I have been saying that the market is in danger since the beginning of April. And this situation is still not over. Please make your investments wisely and prudently. Don't forget to follow daily, weekly, monthly charts and the current situation in the world. It's too early for a full bull yet. There is war in the Middle East and Eastern Europe. There is no information yet from the American side that they will reduce interest rates. In TOTAL, the dollar broke the trend upwards and settled in the upper band.
If you are making a profit during this period, you should keep at least 25 percent of your assets so that you can buy at every decline until the market rises. It will be beneficial for you to watch calmly.
I remind you again, as in every article. Do not get caught up in the world of dreams and enter the market with the money you borrowed or with amounts that you will be upset about losing. Take care of yourselves, I wish everyone a prosperous day. #Bitcoin❗️ #AltcoinStrategies
Portfolio strategy that will protect you from declines.
Greetings friends, as I mentioned in my previous articles, the price of bitcoin was pumped by whales in the market with no volume. Altcoins entered a downward trend again, even before reaching their previous falling prices.
During these times, bitcoin increases its dominance by crushing altcoins. Or during the decline, the dominance remains the same and crushes the altcoins.
So, how do I manage my portfolio to protect myself from this situation? Since I am a long-term investor, I took 40 percent of my profit at the beginning of April and kept it in cash. This way, during the decline, I increase the amount of altcoins I hold for the long term without bringing in more money from outside the market. Remember, this market does not forgive greed, you should take your profit when you can. Do not panic and sell your assets during declines. Remember, you have not made a loss as long as you do not sell.
I wish you all prosperous and peaceful days. It provides protection from market manipulations and a small education on investor psychology. If you want to continue benefiting from my experiences. Don't forget to like and follow.. #Bitcoin #Binance
There may be a short-term decline in Bitcoin, why?
Greetings friends, even though the general trend is upward when looking at bitcoin, we should not ignore the impact of other markets. Let's see together.
1-Gold
When we look at the ounce of gold, it seems like it finished the week at a peak. It is quite possible that a correction of this peak will come next week.
2-USOIL
Even though usoil pushed 87.55 today, it shows that it has peaked at the end of the day and may release some. It has been in an upward trend since February 05 and has made 4 peaks in the upward trend.
After receiving a reaction at 103.998, 3-DXY turned slightly green today and reached the level of 104.303.
4-SPX500 2023 has been in an upward trend since the 11th month. The increases have slowed down since mid-March and even if they do not decrease, it seems that they will remain stable for a while. Fed interest rate decisions started to slow down the economy somewhat.
In light of all this, if we consider that America may gradually sell its bitcoins. Depending on the short-term rise of the dollar and the situations in our own domestic market that I mentioned in my last article, we may experience a short withdrawal in bitcoin.
When you encounter this situation, do not panic and sell what you have at a loss. Remember, if you do not sell what you have, you are not considered to have lost money. However, if you are going to enter the market, it would be better to watch and see next week. If you are going to enter, do not forget to have some cash on hand in case you fall.
Every time the bitcoin price dropped since the beginning of the month, altcoins were affected by this situation. Although the BTC price increased, altcoins could not recover to their previous levels and many of them lost their support levels.
Let's see together what are the reasons for this situation to occur.
1- Whales who entered the altcoin exited the market after making a profit and raised the price of bitcoin, which was void and had already fallen, with some of their money. If you look at the purchases and price increases in the last few days, you can see that the purchases were made by large and medium-sized whales and left the market after small-scale investors entered the market. This transaction took place 3 times in 5 days.
2- While the price is declining, the bitcoin/altcoin dominance index is not retreating. Bitcoin/dollar index is in an upward trend. This situation shows us that the money coming out of bitcoin and altcoins goes to foreign exchange, that is, the market without volume is slowly reaching the support point and tends to make a correction.
3-Increase in funding rates and long position accumulation. No stock market wants to lose money like crazy to people in the futures market when there is a long accumulation, and this creates a burden on the market before the rise. You cannot increase the price without clearing these if there are not enough investors. Otherwise you will suffer losses.
For these reasons, I switched to 40 percent cash 4 days ago, when the first supports were tested in altcoins and experienced a recovery. Even if the market is on the rise, we have achieved 5x profit in most of the altcoins within 6 months. They will crush the altcoins a little more before Dominance releases itself.
I wish you all good luck. From time to time, I will share investor psychology and investment training for free. If you want more to come, don't forget to follow and like.
When you have just entered the market, you have heard from a few of your friends or there are phenomena on the internet who say that it will multiply your money by 3 or 5 times. Sorry friends, such a world does not exist. First of all, you need to accept this.
2- Never invest in bitcoin or altcoins with the money you need. If you dig deep enough and even look around you, you will see that many people entered this stock market with borrowed money or money they needed and went bankrupt. The main reason for this is that bitcoin is one of the riskiest investment instruments in the world. The market, which currently seems to be going to 70k, crashed down by 30 percent due to news coming the next day or when a stock exchange experienced account access shortage for its users due to a technical problem. It may remain in the lower price range for up to 3 months. That's why what we need to do is definitely start our investment with the money we will sacrifice.
3-Taking your principal money out of the market as soon as you make a profit with your principal. I have many alt coins and I bought Avax for 9 dollars. When it reached $36, I took out my principal. And I got some profit at the same time. After I received my main money, my psychology felt incredibly relieved. And I've gotten to the point where I won't be stressed even if I lose all the money here. You can either start with 5 thousand or take your principal money with a thousand and take it out of the system.
4-Be long term... This year will be my 3rd year in this market and the first year I entered, I dropped from 9 thousand dollars to 4 thousand dollars. I sold the coin I had, invested it in different coins and added to it. Because I realized that the year I entered was the bear season. And I wasn't trading with borrowed money. As a result, my principal amount tripled in the 11th month of last year. And I completely removed my main money from the system. Don't forget to like and follow for more investment experience. #Bitcoin