But it isn't good to position yourself in altcoins before the altcoin season (while in the bitcoin season) and vice-versa? Long-term wise you're catching good prices before the hype. Altcoins seems to bleed HARD when the market crashes, but when bitcoin KEEPS on falling altcoins don't because all the liquidity went out at the first big hit. It is always like that, in May Bitcoin kept going down 'til 54k and alts didn't follow, why? Because most holders already went out. What you think of that perspective?
there's no confirmation yet that altcoins are done dumping, and due to the way their prices move we can even see another 30-50% drop in some of them, especially the newer ones. Yeah for long term in a bull cycle these are probably good prices to buy, but short term it may be a bad entry. Also alts stopped dumping in may but they didn't fully recover alongside btc and now they're even lower, same thing could happen over the next month
@@simioncristian7799But if Bitcoin shows strength you could miss a 100-200% on lots of alts and the guy I like on RUclips Jason says it messes your psychology up after you miss those gaines you become perma bear and miss whole bull market. Better to DCA when RSI is this low imo. So basically yeah you could see a 50% dump but the upside is much much much higher than 100% gains especially if it dumps 50%
Too many people think its continuation to lower prices lots of shorts about to get liquidated 🎉😂 The market ALWAYS make fools out the most 80% of people loose money 80% of the coments think lower BTC PUMPS 😂😂😂🎉
I’m very disappointed in NEAR now, I only entered in March (new to this market, unfortunately bought in at ATH) and I am under water ever since. Do you think NEAR will ever reach its previous ATH again or it is a dying coin due to this break of structure?
It's one of the stronger coins and will do well once the market turns bullish again. DCA if you can. I picked some at 1 dollar, so still pretty much in the green with NEAR. However, my other coins such as GLMR and Rose are underwater.
Won't buy the dip for sure... Since I'm out of money lol :D Gotta hold and watch how it plays out. Hopefully it won't just melt into the bear as the global markets top out, we'll see.
Well, trend-wise, compared to the previous four-year cycles, if we get multiple daily closes around 52k at this point in the cycle, it would invalidate the four-year cycle completely, and it would probably mean a right-translation cycle or an extended one this time. But hey, it's crypto; anything can happen. Thanks for sharing your thoughts! In your opinion, do you think the four-year cycle is broken?
The sentiment isn’t there yet so we will go lower? Bullish sentiment does not mark bottoms, bearish sentiment does, which I think we are seeing a lot of over the past few days. Love your videos btw dude 👊🏻
Mate you are like two months too late with this video
😅 maybe you missed the take profit videos
"Its not looking good bruv" 😂😂
loving your TA on this.
Thank-you this was very helpful and a interesting point of view.
Glad you enjoyed it!
But it isn't good to position yourself in altcoins before the altcoin season (while in the bitcoin season) and vice-versa? Long-term wise you're catching good prices before the hype.
Altcoins seems to bleed HARD when the market crashes, but when bitcoin KEEPS on falling altcoins don't because all the liquidity went out at the first big hit. It is always like that, in May Bitcoin kept going down 'til 54k and alts didn't follow, why? Because most holders already went out.
What you think of that perspective?
Probs same sort of thing but the big element is bitcoin pairs, there bleeding on the most part
there's no confirmation yet that altcoins are done dumping, and due to the way their prices move we can even see another 30-50% drop in some of them, especially the newer ones. Yeah for long term in a bull cycle these are probably good prices to buy, but short term it may be a bad entry.
Also alts stopped dumping in may but they didn't fully recover alongside btc and now they're even lower, same thing could happen over the next month
@@simioncristian7799But if Bitcoin shows strength you could miss a 100-200% on lots of alts and the guy I like on RUclips Jason says it messes your psychology up after you miss those gaines you become perma bear and miss whole bull market. Better to DCA when RSI is this low imo. So basically yeah you could see a 50% dump but the upside is much much much higher than 100% gains especially if it dumps 50%
I really love your TA 😊
Thank you
Solid advice mate
Thanks
Cheers mate
One of a few sane channels still left in existence. Thanks, mate!
Just Dca and don't worry
Well since already bought lot of dip now no money left, since everything is spot holding nothing got liquidated
Alt/btc pairs have bottomed. It's time to go up.
Not yet
Any updates on BNC Bifrost?
Nope
@@MarketMobsterdo you still rate it? Hoping to add more bags as I think it’s got great potential!
Germany are earning yield on their bitcoin. They are not selling.
This guy is always wrong, go buy alts
Since when?
Too many people think its continuation to lower prices lots of shorts about to get liquidated 🎉😂
The market ALWAYS make fools out the most
80% of people loose money
80% of the coments think lower
BTC PUMPS 😂😂😂🎉
Bitcoin pumps Altcoins in Bitcoin pair dump and video proves to be correct
So basically as usual.... No one knows Jack $-i+ what anything will do.... Nice
😂
First my man!
Legend!
Yeah probably going up from here 😂
I’m very disappointed in NEAR now, I only entered in March (new to this market, unfortunately bought in at ATH) and I am under water ever since. Do you think NEAR will ever reach its previous ATH again or it is a dying coin due to this break of structure?
Near it's the most important AI Altcoin of this Bull Market, keep it.
Just hold bro for next year
It's one of the stronger coins and will do well once the market turns bullish again. DCA if you can. I picked some at 1 dollar, so still pretty much in the green with NEAR. However, my other coins such as GLMR and Rose are underwater.
Who knows. Looks like it may have topped out this cycle, but it could find it's way back up.
You bought at the wrong time
Won't buy the dip for sure... Since I'm out of money lol :D Gotta hold and watch how it plays out. Hopefully it won't just melt into the bear as the global markets top out, we'll see.
Well, trend-wise, compared to the previous four-year cycles, if we get multiple daily closes around 52k at this point in the cycle, it would invalidate the four-year cycle completely, and it would probably mean a right-translation cycle or an extended one this time. But hey, it's crypto; anything can happen. Thanks for sharing your thoughts!
In your opinion, do you think the four-year cycle is broken?
Nope 4 year cycle respecting nice
Long term btc going higher just need to stay calm and hodl
The sentiment isn’t there yet so we will go lower? Bullish sentiment does not mark bottoms, bearish sentiment does, which I think we are seeing a lot of over the past few days. Love your videos btw dude 👊🏻
We shall see
as you say, its just starting to be bearish.. once you will be beraish then its time to buy
These alt coins aren't the main players this cycle
Not sure they should be the standard
Near sure is.