There might be at least one more dip...Btc could hit 55k in the least... this is because of the bankrupt exchange...
First last week there was a dip...because the German government started selling off all its bitcoin, after which the market had a rebound... The bankrupt exchange Mt. Gox has become active and started moving its bitcoins👆
the exchange sent 44,527 BTC to another wallet, likely preparing for payments to creditors. This may cause significant selling pressure again.
🇩🇪Just as the German government finished selling thousands of bitcoins into the market, creating price pressure, others became active right after them. 👀
But this might be the last chance to buy crypto at a discount get your funds ready......
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1. 🐋 What Are Crypto Whales? Crypto whales are individuals or entities that hold large amounts of a particular cryptocurrency. Their movements can significantly impact the market. Let's dive into how their activities shape the crypto landscape! 🌊 2. 📈 Why Do Whale Activities Matter? Whales can influence the market through large buy or sell orders, causing significant price movements. Monitoring their activities can provide insights into market trends and potential price changes. 📊 3. 🔍 How to Track Whale Activities? There are various tools and platforms like Whale Alert (@whale_alert) and CryptoQuant (@cryptoquant_com) that track large transactions on the blockchain. These tools help investors stay informed about significant market movements. 🕵️♂️ 4. 🛒 Whale Buying Patterns When whales accumulate a cryptocurrency, it often signals confidence in the asset, potentially leading to price increases. Large buy orders can create upward pressure on prices. 💸 5. 🏷️ Whale Selling Patterns Conversely, when whales offload their holdings, it can cause prices to drop. Large sell orders might indicate profit-taking or lack of confidence in the asset's future performance. 📉 6. 🌐 Whales and Market Manipulation Whales have the power to manipulate the market through tactics like "pump and dump," where they artificially inflate the price before selling off. Awareness of such tactics can protect investors from potential losses. 🚨 7. 🧠 Strategies for Retail Investors Retail investors can use whale activity data to make informed decisions. Following whales' movements can help predict market trends, but it's crucial to combine this with other market analysis tools for better accuracy. 🧩 8. 👥 Join the Discussion! Share your thoughts and experiences in the comments below! Let's learn and grow together. 📢👇 #CryptoCommunity #WhaleWatching #CryptoWhales #Blockchain #Crypto
Someone should please explain to me how selling 0.5 bnb and i ended up getting 0.48 bnb with a 10$ deduction as fee? Been trying to reach out to binance but to no avail. HELP
*Dont focus on too many coins at a time..dont forget u here to increase your capital and not be a token collector.
*Ones you have decided the coin that works for u, dont go all in head first. E.g with 200 dollars u can use 100 dollar for your token of choice after careful analysis while the remaing hundred is to take advantage of a dip if the price goes further from what u staked thereby not needing to sell at a loss out of panic. So its either u get ur capital if its stops at ur first staking of make more money if it surpass it. However way u not gonna loose.
*Make use if the technical and fundamental analysis tools always to help in decision making e.g MA BOLL and the candle stick charts. This will really help to an extent in making silly decisions.
These are just tips i have found use compared to when i just dive in recklessly and i hope it helps you too. Feel free to ask any questions. #sol #bch
A common mistake that new and some seasoned investors in the crypto market make over and over again, is: When the price of a coin increases, they think that this is the last chance to buy that coin So they buy coins at high prices and regret later
I want to tell them: This is not your last chance to buy or sell!