I'm Rod_PrimeHodlerđđœđ
I share key crypto news to enhance your trading insights and aid your crypto journey. Join me for prime updates! đđ
Are we looking at a hype for the so expected bull run? đ€đđ
It is hard to know, and I wonât tell you what to do, or give you any advise. I only want share the aspects I consider important to better my experience in the crypto market. We are in uncertain territory due to events happening outside the crypto market. The world is crazy as it is, we have also huge new geopolitical movements like BRICS that add uncertainty.
However, without a doubt, blockchain and new technologies are here to stay, we know this has been adopted more and more, and there are great projects and ecosystems for DeFi, CeFi, and many more applications of governance, smart contracts, and solutions to many problems the world has today!
It's important to understand the impact of whales and manipulations in a lightly regulated market; it's like the Wild West.
For me, having a strategy and documenting it is crucial to take advantage of opportunities in different coins. $BNB
For example, to accumulate $BTC , I use dollar-cost averaging for coins that are important to me due to their technological contributions, max supply, all-time highs, community adoption, differentiation, and of course, use cases and partnerships. There are many projects with a lot of potential. I also trade coins that fluctuate significantly in a lateral manner, enabling me to buy and sell and make profits through scalping. Like $XRP (which has huge potencial of course) And of course, everything should include some fun, which is why there are many meme coin projects that give me FOMO.
I track my portfolio to know and set balanced percentages for each approach.
Educate yourself; do your research, get on board, and enjoy the ride!
The merger of $FET Fetch.ai $OCEAN Ocean Protocol & $AGIX SingularityNet is already happening and it appears to be an ambitious project. With a great opportunity to be part of and profit from. OCEAN & AGIX have converted to FET, which appears already as Artificial Super Intelligence, and is just waiting for the ticker change.
âThe megazord of AIâđ€đ Fetch.ai: A decentralized AI project aimed at creating infrastructure for an autonomous economy, enabling agents to perform tasks and transactions independently.
Ocean Protocol: Integrates decentralized data markets, enabling Fetch.ai agents to access and utilize data for smarter decision-making.
SingularityNET: Provides a platform for AI services, allowing Fetch.ai agents to leverage these services for improved performance.
These synergies could significantly boost ASIâs utility and adoption, potentially driving up the tokenâs value as demand for autonomous AI solutions grows. đ
ASI (Artificial Super Intelligence) is an ambitious project aiming to develop AI systems that surpass human intelligence across various domains. The goal is to create a superintelligent entity capable of solving complex problems, driving innovation, and advancing technology in unprecedented ways.
Potential Impact on Token Price: - Technological Advancements: If ASI achieves breakthroughs in AI, it could attract significant interest and investment, potentially driving up the token's value. - Market Adoption: Successful deployment and real-world applications of ASI could increase demand for the token, as businesses and developers seek to leverage its capabilities. - Collaborations and Partnerships: Forming alliances with other leading AI and blockchain projects could enhance credibility and visibility, further boosting the token's price.
Investing in ASI offers a promising opportunity to be part of cutting-edge AI innovation and its transformative potential in various industries.
When the cryptocurrency market drops, it's important to HODL (hold) your coins instead of selling them. Selling in panic can lead to significant losses, as prices are typically at their lowest during downturns. By holding your coins, you avoid realizing these losses and position yourself to benefit when the market recovers. Holding also contributes to market stability, as fewer mass sell-offs can help prevent drastic price drops. đ«”đŒđ§ČđȘ
Averaging your purchases, or "dollar-cost averaging," is an effective strategy during market downturns. By buying small amounts of cryptocurrency at regular intervals, you reduce the impact of market volatility on your overall investment. This approach allows you to accumulate more coins at a lower average cost, positioning you better for future price increases during a bullrun đ€đ.
Accumulating and holding coins during bear markets not only strengthens your individual position but also supports a stronger bullrun. When many investors follow this strategy, market demand and confidence increase, potentially leading to sustained price rises.
DYOR and create solid strategies to succeed either the market bulls or bears. đ đ°đ»
$BTC and the alts markets are going down, and there could be many external factors intervening, such as Mt. Gox and Germanyâs govt plus the manipulation of speculation by whales that are messing with longs (and shorts) in times like these, like many bear traps.
The point is that you should not the many risky movements without the proper protection, and what I will do is place buy orders with certain percentages to take advantage of the dips.
Time to plant the seeds for a possible Bullrun with the adoption of more crypto ETFs, and $XRP Rippleâs win over the SEC (and implementation of stablecoin $RLUSD, Trump wining in USA on November and the possible lowering of the interest rates by Fed.