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#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.
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!🥂
𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆 🚨: @GoGalaGames, a Web3 gaming giant, faces a legal battle as its co-founders sue each other.

The Charges are:

👉 Misuse of company assets: Schiermeyer allegedly spent millions from Gala Games, including $600M in assets, for personal purposes.

👉 Self-dealing: He reportedly borrowed millions from Gala Games as personal loans.

👉 Conflict of interest: He set up entities in Switzerland and Dubai that competed with Gala Games.

👉 Abuse of power: He blocked Thurston, a Gala Games director, from company decisions.

👉 Poor financial management: He provided inaccurate or incomplete financial data.

👉 Lack of transparency: He withheld necessary corporate records from True North.
𝐖𝐡𝐚𝐥𝐞𝐬 𝐤𝐞𝐞𝐩 𝐩𝐮𝐦𝐩𝐢𝐧𝐠 $𝐂𝐘𝐁𝐄𝐑 𝐡𝐚𝐫𝐝.

The price is all about whale action 🐋, hitting over $15 on some exchanges. 📈

This was driven by high demand from Korean traders who bought large amounts of $CYBER tokens on Upbit, a South Korean exchange.

The price of CYBER tokens also varied significantly across different networks and exchanges.

There was approximately a 𝟒𝟎% 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐢𝐧 𝐩𝐫𝐢𝐜𝐞 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐁𝐢𝐧𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐔𝐩𝐛𝐢𝐭.

This gave rise to artibitrage opportunities as a lot of traders shorted the token.

These shorts were then liquidated by the whales and Market makers as price kept pumping.

The funding rate is also pretty low -𝟐.𝟓% on some exchanges.

This has all the classic red flags of a pump and dump scam.

There is a massive liquidity crunch.

Don't get trapped.

𝐓𝐡𝐞 𝐩𝐫𝐢𝐜𝐞 𝐡𝐚𝐬 𝐚𝐥𝐫𝐞𝐚𝐝𝐲 𝐟𝐚𝐥𝐥𝐞𝐧 𝐛𝐲 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝟓𝟎% 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐡𝐢𝐠𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐥𝐚𝐬𝐭 𝟐𝟒 𝐡𝐫𝐬.
Simply share with friends to receive up to 200 USDT in rewards! There are also massive amounts of USDT prizes waiting for you to claim.

tamilbtc.com/kucoin
@friendtech #FRIENDTECH #friendte

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FOMC results tomorrow at 11:30 PM IST / 2PM EST.

99% of the market participants are expecting no hike/pause. If the results are as expected then we can see a neutral price action while if there is a hike, it could be bearish.
Bitcoin daily transactions have reached a fresh all-time-high.

Indeed, transactions are growing faster than in the previous cycle.
🆘BREAKING : FED Result : No Changes In Rates.
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BTC Currently trading in a Rising Wedge Pattern which is a bearish pattern, So better use stop loss on all your Long trades.
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