LTH supply at ATH, we can also see that STH supply remains at multi-year lows. However, the chart below overlays the proportion of STH supply which is held at an unrealized loss.
Note how sharp upticks in STH Supply in Loss tend to follow 'top heavy markets' such as May 2021, Dec 2021, and again this week. Out of the 2.56M BTC held by STHs, only 300k BTC (11.7%) is still in profit.
Note how sharp upticks in STH Supply in Loss tend to follow 'top heavy markets' such as May 2021, Dec 2021, and again this week. Out of the 2.56M BTC held by STHs, only 300k BTC (11.7%) is still in profit.
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Don't think we'll see much lower prices than now.
Everyone already knows that September is the worst months for #Bitcoin .
That would be too easy tbh.
Don't be surprised, if many people are left on the sidelines, when $BTC fires a green candle from here.
Everyone already knows that September is the worst months for #Bitcoin .
That would be too easy tbh.
Don't be surprised, if many people are left on the sidelines, when $BTC fires a green candle from here.
#Altcoins
Why people are bearish on Altcoins?
It has broken out of a 2.5 year falling wedge and has been dancing on the upper trend line (backtest) for weeks now.🎯
If you ask me, you won't get a better opportunity to buy altcoins much cheaper than now.
Why people are bearish on Altcoins?
It has broken out of a 2.5 year falling wedge and has been dancing on the upper trend line (backtest) for weeks now.🎯
If you ask me, you won't get a better opportunity to buy altcoins much cheaper than now.
BUY in 2023✅
SELL in 2025✅
In theory this sounds so simple, right?🤔
But the reality is:
Averaging into #crypto positions can be boring & also painful as an investor!
Of course we all want these 100x gains NOW!
However it's rather unlikely that your coin will ONLY GO UP from the point you bought in.
It's likelier that it will be in a loss (at least at some point).
This will cause you to doubt yourself & your decision to buy this coin.
Don't fall into this trap!
The worst thing you could do is to sell your coin in a loss!
If you have done PROPER research into a high quality project & the price has goes down, NOTHING HAS CHANGED!
The fundamentals are still the same!✅
Actually it's an even better time to buy because the price is CHEAPER!👀
If you're smart & have enough cash, you're able to buy the dip.
Now your average purchasing price has gone down which is great!🔥
I'm about 50% in cash right now & will continue to DCA at strategic buy zones.
If you invest at these low levels, people will call you a genius in 2025 when prices are 50-100 times higher!
Some will say it was luck.
However they don't understand how it feels like when the market goes down & you're in a loss, alongside all the FUD that comes along.
Also waiting for 2 years is not as easy as it sounds.
Lots of patience & conviction in your investments is required!
Like I said:
In theory it sounds simple to buy in 2023 & to sell in 2025, but the reality is different!
It's important to STAY FOCUSSED in the next weeks & months.
Prepare yourself for the crypto bull run & your future self will thank you.
Cheers!🥂
SELL in 2025✅
In theory this sounds so simple, right?🤔
But the reality is:
Averaging into #crypto positions can be boring & also painful as an investor!
Of course we all want these 100x gains NOW!
However it's rather unlikely that your coin will ONLY GO UP from the point you bought in.
It's likelier that it will be in a loss (at least at some point).
This will cause you to doubt yourself & your decision to buy this coin.
Don't fall into this trap!
The worst thing you could do is to sell your coin in a loss!
If you have done PROPER research into a high quality project & the price has goes down, NOTHING HAS CHANGED!
The fundamentals are still the same!✅
Actually it's an even better time to buy because the price is CHEAPER!👀
If you're smart & have enough cash, you're able to buy the dip.
Now your average purchasing price has gone down which is great!🔥
I'm about 50% in cash right now & will continue to DCA at strategic buy zones.
If you invest at these low levels, people will call you a genius in 2025 when prices are 50-100 times higher!
Some will say it was luck.
However they don't understand how it feels like when the market goes down & you're in a loss, alongside all the FUD that comes along.
Also waiting for 2 years is not as easy as it sounds.
Lots of patience & conviction in your investments is required!
Like I said:
In theory it sounds simple to buy in 2023 & to sell in 2025, but the reality is different!
It's important to STAY FOCUSSED in the next weeks & months.
Prepare yourself for the crypto bull run & your future self will thank you.
Cheers!🥂
❤3
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Binance - Notice of Removal of Trading Pairs - 2023-09-22
https://www.binance.com/en/support/articles/c314977b8eb74f6e9c1d1b4b12bceffb
https://www.binance.com/en/support/articles/c314977b8eb74f6e9c1d1b4b12bceffb
Binance
Notice of Removal of Trading Pairs - 2023-09-22 | Binance Support
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians , To protect users and maintain a high quality trading market, Binance ...
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