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blazely

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Everything posted by blazely

  1. Nice one. I'll still be looking at it as the token would be experiencing something good this season.
  2. Why do you think it won't get to 31k? From my chart, all I see is BTC getting there or is there something I am missing. Following the trend, I'd be using Smart Trend to catch up.
  3. With the ETH ETF I thought it would have much impact like that of BTC and I was ready to use Dual Investment as usual as I did with that of BTC to see trade it due to volatility but it seems everything is getting to the opposite. So, I'll be looking out for the retracement to know the best time to use it
  4. I think BTC hasn't have enough liquidity just yet. Although I'm optimistic that it might likely reach to 45k. I have said it before that $37-45k is the price in which BTC would have its distribution. But looking at my chart below you did see those blue lines indicates the retracement expected for BTC to push but BTC is still yet to retrace to $31k since it left there.
  5. So , I came across this article talking about thee partnership between Republic and Ava Labs is expected to boost AVAX's price. And I fell the introduction of Republic Note on Avalanche's platform is a big step in reaching more global investors. Despite a recent 5% drop, AVAX has performed better than Bitcoin and Ethereum, surging 130% in the last month, making it one of the top-performing cryptocurrencies. I think AVAX might still be going through a correction, and whether it can maintain its price above $18 - $20 is essential to see its future during this positive trend. AVAX has struggled to break and stay above price levels like $21.59 and $23 since February 2023. I believe launching the Republic Note on Avalanche's mainnet is a major move that will let early investors who put in over $30 million get involved. If this place out, I plan to use Bitget's Smart trend feature to trade AVAX. It's like a cool thing that will double my profit... What do you think might happen to AVAX?
  6. Theta is ready for the next move-up. There are clean highs where there will be sell stops for the whales to take some profit. So I'd wait for a retracement then use my smart trend to long theta
  7. It's how this resistance level are now the key level in which people are looking at to short. If it does go lower, they say, "we will go into bearish state." But I'm still optimistic with $45k surge before the next fall. Still, I'll be using my Smart trend to get every curve of the trade
  8. Oh great! My next anticipation for bitcoin price is $45k before the move down. Not only are we waiting for the ETF approval, there's also an halving around the corner. Hence the positivity of the market. Best thing we need to do is to keep a keen eye on the price movement. Got my smart trend to catch up with the next move
  9. I think I have Dual Investment for that. Use it mostly at a time like this when I won't bother about the volatility of the market
  10. Nice one mate. It's been long I looked up NEO. I think I will check it out this time with your analysis. If I'm not able to meet up looking at my chart, I'll use my Dual Investment Strategy to set both prices
  11. So that means exchanges would play a vital role when the ETF Is finally approved. It's nice that there are still good exchanges that stand out at this point that will play a vital role in the coming big news we all have been waiting for. Coupled with the fact some exchanges also have numerous means of trading BTC, just like BItget has both hot copy trading and normal copy trading and also some Products that could be used to trade and earn passively. So yeah, I believe there will be a significant increase in people using exchanges to trade
  12. This is the time exchanges need to be innovative because they will be the pillar in which so many transactions will take place soon but now, I don't know what's going on amongst them. Just recently, news about Binance halting USD withdrawal surfaced the internet. When good exchanges start having issues like this, it makes me wonder but I still believe all would be fine they just need to work in these regulations transparently to earn users' trust
  13. This a good read. I still believe that someday the SEC would realise they have been going for the wrong coins all along. I mean there are coins out there which haven't gotten through the expected regulations and are still circulatory in the crypto space. Is a matter of when. XRP would get the recognition it deserved together with other coins like ETH, BGB and BTC (the king of them all) because of their versatile usage in different ways! Can't wait for that to happen
  14. This news about the supposed approval of a BlackRock ETF, which was later confirmed as false, has had significant repercussions in the cryptocurrency space. Earlier today, Cointelegraph reported the SEC's approval of a BlackRock ETF, triggering substantial market reactions due to the anticipation surrounding Bitcoin ETFs. However, this news turned out to be fake, resulting in numerous traders facing liquidations. Now, let's consider a hypothetical scenario where this news was accurate, and the price successfully broke through the 30k range. In this case, the speculation of Bitcoin reaching $100k would have appeared more feasible. For those who had taken long positions in the market, this would have led to significant profits, while those in short positions would have faced unfavourable circumstances and those who have been using different strategies to accumulate would also be in significant profits well. BlackRock's CEO, as reported by FOX, stated that today's rally surpassed mere rumours of a spot Bitcoin ETF approval. Black Rock CEO reply Now, that we have seen how impactful this news could be, one must consider how such developments can affect them. Will these events create a positive influence, motivating people to seek out Exchanges to trade Bitcoin, or will they continue trading as usual, seemingly unaffected by such news? What will be the basic Role of Exchanges in the long run?
  15. Absolutely. If we were to depend on only indicators then so many people can predict the next move. I believe what us best is studying the market movement and many using bot then to strategies our strategy with it. It might not be 100% but I think it will be at least better than depending on only indicators
  16. The market can move quickly. As a result, we are often tempted to be reactionary. When you wake up in the morning and see the whole market bleeding red, investors have one of two instincts: BUY! or SELL! The reality is that the best response is often to turn off your computer, grab a cup of coffee, and go about your day. It is important that you learn to recognize the warning signs that you should stop and step back before making a decision. Investing is a marathon, not a sprint. You will be invested in the market for many decades, and over those decades, you will see some very large swings. If you ever find yourself rushing to buy or sell – Stop. If you are disturbed when your spouse comes into the room and tries to talk to you because you are trying to figure out what you should do – Stop. If you are worrying about whether or not making a buy or sell is a good idea – Stop. If you find yourself getting overly emotional – Stop. If the idea of your internet going out causes panic – Stop. Your decisions should be made methodically. You should be able to pinpoint why you are buying a particular stock and why you are selling a particular stock. Understand the particular investment and how it fits into your overall strategy. Make your decisions in a principled manner based on your overall strategy. Whenever you feel rushed and are making decisions without considering your strategy, stop and walk away; come back when you are able to think through your decisions in a principled manner. Maybe you only need to step away for a coffee break, or maybe you need to leave for the whole day or even a week. Your portfolio will be there when you get back. You are not a day trader. You don't need to be clinging to every small swing the market makes. There is not a single day in the market where you have to be glued to your computer. There is not a single day in the market where you have to make a decision. You should never feel like you are racing. One of the best parts of Dual Investment or even Smart Trend Strategy which I have used a couple of times, is that it is a strategy that doesn't require constant care and attention to your charts. You can set up your portfolio, then walk away and live your life, checking on your portfolio when it is convenient for you. Let your life dictate when you check on your portfolio; don't let the market dictate your life. There is nothing about the strategy that demands an immediate reaction to anything. Just because the market is moving quickly does not mean you need to join the herd running off the cliff.
  17. So earlier today, I saw this article saying "The U.S. Securities and Exchange Commission has no plans to ask the DC Circuit Court of Appeals to reverse a ruling that overturned the regulator's rejection of Grayscale Investment's bid to roll out spot bitcoin (BTC-USD) exchange-traded fund, Bloomberg reported Friday, citing a person with knowledge of the matter. The August ruling, which paves the way for Grayscale to covert its bitcoin trust (OTC:GBTC) into an ETF, was said to have been made by only three of the judges on the court. Many have contended that approval of such an ETF would result in broader institutional adoption, but that would also mean reduced volumes across crypto exchanges and increased volume among stock exchanges where these products would trade." My question is, is the BTC ETF we are anticipating next year inevitable or it will be dragged till 2025? As it stands, SEC are not ready to give this option a go-ahead whatsoever
  18. This is the question we keep seeing on the internet. So, here is my take on this. I believe Bitcoin is currently in a significant bearish state. This might sound surprising given its widespread popularity, but when you delve into essential data points, it appears that some of the optimism surrounding its future is unravelling To put this in perspective, if we examine Bitcoin's history, we'd expect periods of surges followed by normalization, allowing for sustainable long-term growth. However, the reality is different. Looking at monthly trading activity data from the beginning of 2018, it's evident that trading activity for Bitcoin has been on a year-over-year decline for at least five years. For instance, in September of this year, Bitcoin's trading activity was 68.6% lower compared to the same month the previous year. Over the past two years, it's decreased by a more moderate 54.8%. But when compared to three years ago, it's down by 68.9%, and when compared to five years ago, it has plummeted by a staggering 86.1%. The overall trend is unmistakable: trading activity is steadily diminishing. Bitcoin's price relies heavily on the optimism of traders, and it's important to acknowledge these trends. This is What Some Say! However, I believe that what drives the price of Bitcoin is mostly Sentiments. If we believe it or not, our sentiment is what pushes Bitcoin price and not our technicals. Technical only comes in when we need to set a range where our next buy or sell would be. I see some take where most people use different Strategy to accumulate Bitcoin at this present bearish state like the most famous strategy DCA and Dual Investment (I do talk about this both because they align together) and some use Smart Trend while a good amount just trade it on Futures regardless Everybody does different things in anticipating the nearest future Bitcoin Surge but how long can everyone wait for that? This is another question we need to ask ourselves. I know most people do say next year would be fundamentally positive for Bitcoin. But what if the price gets manipulated just as this month "Uptober" is playing? So tell me, do you think we are in a bear market or this is just a manipulation to get some people discouraged in Bitcoin
  19. Yeah, I saw this progress. They are doing well. They have the vision to be progressive in this business, looking at the person they use as MD and the face of their platform. That's a smart move and a good initiative
  20. I used to believe that Binance was the exchange that would consistently outshine all others. However, I've come to recognize the importance of exploring other evolving exchanges. Recently, I came across an article about Gracy Chen, who has assumed the role of Managing Director and has been invited to join the Forbes Business Council. This isn't just any council; it serves as an interactive platform for top industry leaders, entrepreneurs, and business visionaries to exchange ideas, resources, and experiences. Chen's appointment signifies her outstanding leadership and underscores Bitget's commitment to shaping the future of cryptocurrency. This demonstrates that exchanges don't simply select individuals with strong business acumen but also those who possess ambition and a readiness to explore new horizons. Chen's journey in the world of cryptocurrency began in 2014 when she recognized the potential of Bitcoin and became an early investor. Since her involvement in launching Asia's inaugural decentralized wallet in 2015, she has showcased an exceptional ability to identify promising blockchain projects at an early stage. In the same year, she received recognition as a Global Shaper by the World Economic Forum. I believe these developments would alleviate more light on exchanges. If they continue to appoint individuals like Chen, we can anticipate further progress in the world of cryptocurrencies.
  21. Over the past week, there have been incredible news developments in the crypto sector, especially concerning Bitcoin. First, we witnessed MicroStrategy accumulating Bitcoin, making significant waves. Next, there's anticipation surrounding the possible approval of an ETF (Exchange-Traded Fund) next year. The lingering question is when that approval will come to fruition. Additionally, the upcoming halving event will be happening next year as well. All this has shown an expected to trigger a significant surge. As we all are expecting a positive turn in the crypto space, it's also crucial we are careful from every trade because there tend to be more manipulation coming as well.
  22. Oh, is just one of the bitget product where I show my flexibility. Setting my low and high target and sometimes earn some interest that comes with it
  23. Indeed it is. That's why I feel all this delay just to make some traders lose hope. But then, instead of losing hope I rather just DCA believing things will get better soon. Even when I'm out of the market, I set my Dual Investment to keep the ball rolling
  24. That's interesting to know. Seems like exchanges are going to a new dimension of bridging easier means of sourcing liquidity from different networks. Is like having a 2in1 platform for your trades
  25. It might, but that depends if there will be any hype to it. When the meme coin went live there was a pretty price surge to it
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