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Its not yet late to buy top five coins in the marketcap, Bitcoin and Ethereum still be my favourite, and Cardano has 30% in my portfolio.
Investing in top five marketcap still make profit for me if i hold it for long term. Remember not too rush to enter the market, stay safe, and take profit.
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I dont recommend alts for newbie because its too risky, alts more difficult to read and summarized, need time and experience to take maximum profit from it.
Just put it simple, if you are new, take top 5 on the marketcap as your start, do deep analyse before buying. Bitcoin and Ethereum still promising for the long term, thats my opinion.
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Since London hardfork established, more than 30.000 Ethereum was burned, and it will easily upgrade the price in the market. It's simple, if the amount of Ethereum in the total supply decreased, the price will automatically go up, in my opinion Ethereum price will hit $6k in the september, and will goes up probably $10k as close price in this year, i hope so.
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Both are very important and will complement each other, running capital without knowledge is the same as dragging us down, also having knowledge without having capital is a lie, so I think the two think must be compatible and go hand in hand.
Having no capital will hinder our steps and not be able to carry out our ideas. But from these two things, I think we must have knowledge before we have capital, at least our first step will be safely guided by the knowledge we have, and the next is how we develop based on our knowledge.
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My defensive strategy is not to be greedy and put stop loss as small as possible, as long you are patient you will win. About market psychology, you also need to learn and it can be done while doing trading activities. Being a trader is not easy, it takes a lot of time and cost of money to understand and find a comfortable style to make profit.
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Too long time to wait, and if you found any coin drop down 80%-90% thats probably dead project. Why you not buy Bitcoin or Ethereum if you already have USDT now in your wallet and take profit on 2024 ?  |
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If Bitcoin price change around twenty percent or greater, followed by at least 90 days during which the price does not return to its level before the change, i assume the alts season has start.
That formula to predict alt season i found from someone write in the coindesk, and i think its work as my data said so.
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As my data said this august could be start the bullish Bitcoin trend from this year, and if my data was right, it is probably until next november the bull will reach the top of bullish trend. I hope it will be, since i have invested more than 60% my fund in Bitcoin, i am still wait to investing more in other coin like Ethereum or other Alts, just wait the correction to buy more small bag.
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Yup, its could be more than $4000 on next two month, as the price today is heading to $3500 and goes up fastly, it could be bubbling, but i think will be reach my price prediction.
The london fork last week take many effect to market price today, i hope its getting better and bring us more profit.
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