You guys have seen the trend I warned about a few days ago, but I live live often On binancie If any of you follow me, you will see that I have warned many times that BTC will decrease and the market will adjust and many people cursed at me. You should monitor yourself, the thinking of a fund manager is always different, always innovative, avoid the crowd mentality, so it is obvious that you are often scolded, you should educate yourself and avoid listening to one person or another. There are some people who don't know anything, leading to losses in the market that affect their personal lives outside Knowledge is priceless, study well, think a lot. BTC will continue to adjust. Be careful
#WhaleWire Mainstream media is essentially urging the retail industry to go all-in on Bitcoin due to rumors of a Bitcoin ETF.
Let's say that an ETF was approved later today. It would be disastrous for BTC.
Look what happened when corrupt Wall Street launched Futures in December 2017.
Also, watch what they do, not what they say. Does this sound like they are optimistic too? Jim Cramer turns bullish, Saylor sells all his MicroStrategy shares (thus reducing BTC exposure), Grayscale CEO abruptly resigns before ETF deadline, Cathie Woods sells everything number of BTC held, etc.
Trading prices go sideways, the stock exchange is on holiday, the market will be sluggish📈
We are waiting for one of the parties to go out and collect liquidity to better understand how events are going. Gathering liquidity from below in the 2232 - 2211 zone, we can look to Buy for confirmation of a small time frame breakout. Gathering liquidity from above and testing the 2388 - 2362 zone, we can look to sell short to confirm the breakout. But we need to work carefully as there is still a large amount of liquidity that needs to be removed from 2451 and after collecting it we can look at short positions
• According to Reuters, the SEC may notify 14 asset managers about Bitcoin ETF approval on January 2 or 3. (Big news incoming)
• Vitalik Buterin shares 2024 updated roadmap for Ethereum.
• Arthur Hayes sold ENS, FXS, LOOKS via Wintermute and bought ETH, GMX, PENDLE.
• $ARB - @Rewkang of Mechanism Capital wrote a Mega topic on Arbitrum.
• $ASTR - Astar CEO announces upcoming mainnet launch of dApp stake v3 and Token Economics 2.0.
• $ADA - Cardano partners with Petrobras, Brazil's state-owned energy company.
• $FTT - US government drops six charges against SBF, does not prosecute campaign finance violations.
• $NEON - Neon introduces Neon Points, rewarding on-chain and platform community activities.
• $NFP - Sleepless AI has announced the need to stake $NFP to participate in the HIM Genesis NFT auction and all $NFP stakers will receive an airdrop of $AI.
• $PYR - The latest version of Vulcan Creed is now available on Google Play for Android users.
• $RATS - AssetClub announces adoption of BRC20-RATS with game Rat Race scheduled for release in January.
BTC_Update We see that open positions on the Deribit side have been closed. I know that today there are expiry closures in the options market, I don't have detailed information on this subject, but I guess the reason for the closure is due to options. So far, 13k Bitcoins have been closed and more will likely follow during the day due to options. Closing the positions will bring relief to the market, so we will be happy if that happens
When mentioning memecoin, most people immediately think of something funny, worthless and extremely risky
Those who are passionate see this as a specialty of the Crypto market that is not available anywhere else
However, it must be recognized that Memecoin has now gone beyond being a joke and plays a role in attracting cash flow into crypto that no ecosystem can ignore.
Avalanche has just announced that it will pour money into memecoin, considering this an important part, representing the collective culture of the Crypto community.
Other systems are no less competitive, each system leaves room for memes:
- Ethereum has SHIB, PEPE - Solana has BONK - Cardano has SNEK - Base has TOSHI - Arbitrum has NOLA - Avalanche has COQ - Sei has SEIYAN - Injective has NINJA - Near has NEKO …. Most were born "for fun" but some thanks to support from the community turned to work as a real project, typically Shiba Inu with Shibaswap & Shibarium
However, most are still short-term trends with a high Scam rate, so be very careful when pouring money into this segment, especially emerging projects with small capitalization.
Half a year ago, I was panicked when this $WLD price was around $2.8 and the FDV valuation was over 28B.
I was WRONG when I said this one would create a generation of top swings for many years at a price of $2.8.
Now its FDV is even up to 40B. Too awful.
As the title says, this is a money game. If you have a game, you have money. Everything is crazy beyond the understanding of a normal person like me.
Because it's a money game, anyone who sees a card that pleases their eyes and sees blood increase can play. Never prepare the question "can this baby be hugged?" to ask others.
Personally, I'm a coward, so I never get involved in high-risk-high-reward deals.
Now even if I let it go back to $0.90, I still wouldn't want it. Because of these super delicious - super spicy dishes, I'm very scared.
High risk - high return. I admire those who can eat this kind of product 🙏🙏🙏. So cool 🙏
One, two, if you score correctly, the remaining numbers are definitely correct. The only problem is time. Once you buy it, try to sit and wait, slowly it will be right.
In the morning, I woke up and saw that some of my products had a profit of 20% or 30% but were not sold, and now I only had a belt left.
It's very difficult to get an X2 X3 order, aren't you kidding? Pumping up and down endlessly gets boring, the dealer is just waiting to get the rest of your line to pump x x.
The “BUY” button is for each person to press. If you BUY correctly, I am ready to inject hopium so you can hold it with peace of mind.
Occasionally I also read comments like: "Can I keep this one?", "This one had a profit of 30% the day before, but now it's lost 10%, should I cut it?" …
Before you press the BUY button, think carefully: Why did I buy this coin? Buy at this price and sell at what price? How long do I have to hold it? What part of the cycle is it in?
And there are many other questions. You must ask and answer all your own questions before you BUY. Don't make random purchases without answering all the questions in your heart. Buying carelessly and then placing the power to decide your money on the opinions of others.
This market, it runs as fast as the wind, but don't be in a hurry, before doing anything, you should stop for a moment, think for a while, then decide. Don't do it before thinking
The market adjustment period from mid-November to now is the consolidation period. I'm just shopping.
All the coins I bought in the past period, I still hold and do not sell.
In the next phase, from now until mid-January 2024, when the altcoins I hold become strong, I will sell them. The one that stands strong will be sold, the one that doesn't stand will be held until it stands
The final atcoins battle (second half of December to mid-February 2024) in this wave, it is probably starting to take place already. I wrote this plan in September and I still follow it.
Because the wave went a little earlier than planned about 2 weeks, I would like to adjust the time a bit so I will fight#altcoinsuntil the second half of January 2024 and then I will stop. No longer extended until February 2024 as originally planned.
This wave of altcoins will be extremely strong (80% 100% 150% 200%). If you can, then confidently hug, don't sell short, don't stop loss, don't trade to increase the quantity.
HUG UNTIL YOU REACH YOUR GOAL, THEN SELL & SWITCH THE GOODS TO OTHER HUG CONTINUE. YOUNG SELLERS WILL LOSE PRODUCTS.
Between November and now, the market has finished adjusting. The last two sweeps at the bottom are probably also the last sweeps. The difficulties are over, everyone should try to hug again.
As the old saying goes, this is the easiest stage of your career when playing altcoins x2 x3 accounts.