Many of you see the price is going down and wish you knew that if you closed yesterday, you wouldn't lose any profit or your principal would be negative!
Are you greedy?
I think if you guys keep that mentality, not only will you not make any money during the upload season, but you also risk losing all your capital.
When you first buy, set your goals and do it. For example, if you achieve a profit of 20-30%, then you should happily close it. If you have decided to hold, why lose the profit and feel heavy-minded? If your mentality is not stable, it is easy to lose.
Feeling regretful can easily create emotions that lead to many mistakes.
In my opinion, the consistent point of view is "Taking profit is never wrong - if you don't take profit, heaven and earth will destroy you." & "Only when money is cashed out and spent, buying assets can it be considered successful taking profit - money still on the floor is not taken profit."
Whatever your investment goals are, just set them and stick to them, as long as they are not too far-fetched.
As I understand it @eigenlayer it will be similar to an insurance company.
The current Ethereum chain is nothing but a mess.
Sell reputation through Eigenlayer. Projects that want to rent Ethereum reputation will need to stake $EIGEN .
New projects that are still in development need credibility. And when those projects have problems, such as Fork scams, Eigenlayer will solve them.
The internal mechanism will need Retake $ETH . Simply put, reputation = money = Retake $ETH . If you put in $ETH , you will have more interest. There is no insurance company that does not collect money.
And need $bEIGEN (staked $EIGEN ). $bEIGEN is the most meme-able token, this is the Intersubjective token.
But the simple explanation $bEIGEN or $EIGEN after staking is the amount of money to resolve disputes when AVS has problems, Forks, etc.
This token will (theoretically) increase in value as the number of AVS increases, and the more AVS the Eigenlayer secures, the more its value will increase.
That's the theory, in reality the quality of AVS is very very important. And currently there is no AVS that has achieved product market fit.
This can be said (in theory) to be the best $ETH beta one can think of. But trading can be different. For example, if $ETH increases, people do not long $EIGEN but long $PEPE for example.
Well Eigenlayer has not announced the tokenomic details yet. But that is beyond the topic of this post. I will keep this as a rare tech explanation post.
Traditional investors are starting to pour money into the crypto market.
Yesterday, you made a tree worth nearly 2k, these days the net inflow has been flowing into crypto, the macro news is good ($DXY $IXIC $XAU are all showing signs of recovery) => Maybe from now until the end of the week, you will slowly absorb it.
The market dump is fast, but the pump takes months!!
You are old now, you are too weak to absorb news, the news comes out every few days and you slowly absorb it. The good news is that BTC.D is slightly down, you are flying slowly so that the Altcoins can fly like crazy, xnxx stuff!! #Write2Win #BinanceTurns7 #thangfuturex1000
The beginning of the month of Uptober is so beautiful, isn't it guys? Looking at some of the coins on the watch list, only#SUIis green!
The beginning of the month is red, so the end of the month will be green, guys, just be confident... I often share this part, each red beat is an opportunity for you guys to buy more cheap coins, so just relax. The account decrease is just a number to look at because you haven't sold anything yet.
The market always gives you many opportunities, so just relax and accept it! The long road will tell you if the horse is good, if you haven't sold yet, you won't lose or make a profit.
Brothers holder $ALT still holding or have you switched to another coin??
Chart running like this, most of the holders are likely discouraged, the rest have probably swapped to another project.
I think the strong sell-offs that created a depressing psychology for Holders are probably over. From now until the strong uptrend wave, the chart will follow an up to up pattern.
One thing in common between $ID and $ALT is that Upbit => $ID has previously had a pretty good ROI of more than x10 from the bottom of the accumulation zone. Expect $ALT to have an ROI around x5-10
Looking at the chart, it has increased more than x2 from the bottom, but looking at the big frame, it's still a boring bottom, guys.
#ETHW rarely mentioned in just 3 days has increased X2 currently still holding at over $4.
You guys still hold #ETHW from 2023 when it increased to over 5$ if you haven't sold yet, just wait for the nearest day to fly really high.
You guys see the coin decrease sideways, it takes a long time until it increases, it only takes 1-2 days to return to shore, looking back at#FTTyesterday when there was information that FTX paid and restarted the ftx exchange, it increased X2 in half a day.
So this market is crazy, it takes a long time for you guys to chase the top but when it returns to shore and makes a profit, it will be extremely fast. 😂😂
The number of unemployment claims this week decreased compared to last week and the forecast.
The number of unemployment claims is an important indicator reflecting the health of the labor market and the economy in general.
When the number of unemployment claims decreases -> The number of people losing their jobs decreases, meaning that the labor market is gradually stabilizing.
A positive signal for the economy, because when people have jobs -> Stable income for consumption -> promoting the development of industries and services.
This data helps policymakers and investors assess the current economic situation to have appropriate strategies.
The government can use this data to adjust social security policies, create more jobs or support industries in difficulty.
Investors can rely on the unemployment index to measure the stability of the market and make investment decisions.
If the number of unemployment claims continues to decline, it is likely that the labor market will continue to improve, leading to the development of many other industries and fields.
Next week, there are important economic reports and speeches that can affect market sentiment in early October, especially related to the economic strength of the US.
This unemployment claim also affects CPI, PPI news, ... => Indirectly affects the crypto market.
This week is Uptober, guys. $BTC bears at $40k must be gathering their asses to put out the fire :))))).
🔥 Even though you are holding good coins and have a good portfolio, many of you are thinking about the price recovery to cut and jump to another coin & this is the reason why 99% of you hold from the bottom but still can't make money!
If you trust any coin, try to focus and hold that coin, no need to listen to any fortune teller.
From this wave onwards, the truth is that any coin will fly.
👉 Just hold the right segment with a high probability of receiving the attention of the market such as: + AI + Rwa + Memecoin - Elon has started shill memes, this industry is gradually becoming crazy.
+ L1 EVM Paralel - Ethereum's next update will be to bring parallel to Ethereum + L2 Modular Blockchain Sol killer Ton
🔥 The most important part of this is to hold 66k and then continue to hit 68k and then meet a big resistance of 70k + what is the trend at that time to confirm the uptrend.
In the short term, I think the best scenario is to hesitate at the beginning of 6x or test back to 5x to refuel for October.
There is no important macro news in October such as inflation index or FED interest rate announcement, so MM can manipulate the market at will. Currently, the market is following stocks.
The monthly candle reset period is easy for the market to adjust in the short term to sweep up the recent liquidity periods. Anyone who is holding trade orders should consider limiting the resistance when resetting the monthly candle.
BTC follows the higher-high model, but don't ignore the case where BTC drops the beard in the 5x zone and then bounces strongly.
Just checked the calendar for the Fed chairman's speech on October 1, so this period is highly volatile!
🔥 The D candle $BTC has closed strongly above $65k and the uptrend may continue in both W and M frames!
The market is starting to increase after a series of gloomy days, altcoins have also had a strong bounce around the accumulation bottom with quite stable vol. The bottom of many altcoins may have been formed.
Many of you think that you have missed the altcoin wave, but considering that many altcoins are currently only hovering around a few dozen% increase, it is really not that big. In the real uptrend, it will increase many times more than the current one.
With all the conditions from China opening the valve to the upcoming US election, I see that the cash flow will increasingly flow stronger into the financial market and the crypto niche will still have a lot of potential for strong growth, following its cyclical nature.
After many seasons, I see that most of the good news is released with the goal of attracting fomo and liquidity, but there is no better way than marketing the main price line of the token!
Altcoins when entering the season will increase very strongly and attract a huge amount of liquidity.
Types of coins to pay attention to:
- Trending coins: trending coins are always the place to attract strong cash flow
- Coins with good intrinsic value: the project is still building steadily, being updated and upgraded continuously, the chart creates a long enough accumulation foundation. Especially in this type of coin, paying attention to the platform coin will have a higher win rate.
- The rest can pay attention to coins with backers, strong leaders of the top industry of the market, coins with partners and strong communities. The leading coins in the main sector because they are difficult to replace as well as have many contributions to the development of the crypto market.
This insider team has excellent timing on $WIF and $POPCAT, recently bought limit $WIF $3M at the price range of 1.88$ , showing that this team is very Bullish on the upcoming $SOL wave
There is a high possibility that $WIF will continue to pump from the current price.
Surely many of you are currently having the same questions and thoughts as above, right? When Altcoin has gone through a long period of decline and bottom exploration as well as accumulation?
If we look at Altcoin, we can see that many have formed a bottom pattern when testing 2-3 times, or there are sideways at the bottom patching the bottom with very small amplitude.. Just like in the period before this wave when BTC fell to the 53k$ area, you can see that Altcoin was quite strong, and there were also some that went against the wave.
Because of that, when BTC recovered to the 63k$ area as it is now, there are many Altcoins that have X2-3 times from the bottom. And if you pay attention, DOM is also showing signs of peaking.
So now Altcoin has basically completed the corrective wave, and is preparing for the next big wave. The wave that most Altcoins will create a 4-year cycle peak in this wave. So I also hope that each red beat of BTC now, you guys actively take advantage of buying more to increase the number of Altcoins for yourself, so that when the Altcoin bull run season comes, you guys will not feel regretful for buying too little when there is a good price range.
The road to success is basically never easy, but if you stick to your goals and have a specific plan, you will reach your destination. Where the most deserving people enjoy the fruits of their labor. (Reference) #Write2Win #BinanceTurns7 #thangfuturex1000
As everyone knows, today China just released a bailout package to restore the economy. Policies are also changing 180 degrees, especially policies on home ownership and real estate.
The government has solved the problem of owning a second home, reducing the amount of money required to own a second home+ to 15%.
Increasing loan terms.
The goal is to attract people's money back to China. In recent years, when the government has applied a policy of tightening home and real estate ownership to prevent speculation and fighting against house/real estate prices, it has caused a large amount of money to leave China. People with money have moved abroad to settle down and own foreign real estate.
And so in 2024, when the economy is seriously weakened, people's money is gradually decreasing, the Chinese government is forced to turn around, cut policies and regulate the economy and still have to fight inflation.
The whole world is discussing this China's turnaround and whether Vietnam's real estate will have any impact, let's wait and see, guys!
If China has a real estate wave again, part of the money will flow into crypto!
The accumulation zone of $BTC and the price base of Altcoins I see are completing and the explosive phase of the mad bull wave will happen soon!
The current accumulation zone of $BTC is over 200D, there are quite a few traps to sweep the sl, forcing retail to release goods.
Many brothers are afraid that the price will drop to the 30-40k zone, so they have cut and waited for optimization. Others are afraid of economic fluctuations and recessions, so they are also standing outside to observe.
Currently, if the price goes up, I see that it will bring more skepticism to the majority out there. The mad bull wave will happen soon and the cyclical nature of $BTC will still repeat itself similar to previous cycles.
Looking at these 3 beautiful $BTC monthly candles, if we don't blow the roof off at the end of the year, it would be a waste!
Currently, many people in the market have cut their positions and are waiting for a deep decline due to recession - this is also a good opportunity for the market to continue to bulldoze in skepticism!
The cycle is still the cycle, respect it and remember that this crypto is crazy, nothing is impossible