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Bluechip
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Only if you enjoy funding their exit liquidity. Treat celebrity tweets as counter -indicators, not signals.
Maximous-Cryptobro
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Should someone trade on the statements of these people?
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Absolutely phenomenal chart and a great representation of what I assume we'll be seeing with the #Altcoin markets. We're not at the end of the bull & 4-year cycle. We're at Q3 2019. We're at Q2 2016. The bull on #Altcoins! is about to begin with the business cycle improving. Great chart by TechDev_52.
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Accumulating #Bitcoin below RSI value of 40 has been historically fool-proof. If RSI drops below 40 again are you going to be accumulating?
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Most of the coins that exploded or achieved good growth recently are coins that didn’t even exist in the market in the first place. This is not the first time I’ve spoken about this. You should know that your fortune may come tomorrow or the day after from a coin you haven’t even heard of yet and hasn’t been listed on the market. Even the older coins that saw good growth are not widely traded. In previous periods, everyone focused on certain coins and waited for them to rise; to no avail. You must constantly search for opportunities because fortune requires effort and movement. You need to think differently from what’s common. The matter requires more than just patience.
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At the end of last June, Ripple announced the launch of XRPL EVM, the Ethereum-compatible EVM sidechain. After years of building and development (Ripple used to boast about this) to launch the mainnet, which was supposed to bring Ethereum applications to the XRPL network. Or more importantly for it, to open the door wide for decentralized finance between networks, considering that it specializes in payments and money transfers. There are only 6 protocols/applications on this new network so far, with a total value locked of only $87,323. The laughable and pitiful part is the shameful trading volumes, which at their lowest reached just $3. The media prestige and the massive liquidity that Ripple possesses have so far failed to attract developers to build and run applications on its sidechain. #xrp
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Yes, Q4 will be decisive. Historically, October–December sets the tone. Let’s see if BTC dominance stays high or if alts catch some momentum. Either way, the next 3 months are going to be telling
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